News by theedgemalaysia.com

Advancecon Holdings Bhd’s (KL:ADVCON) unit Advancecon Infra Sdn Bhd (AISB) has secured a RM68.5 million job from Sime Darby Property (Lagong) Sdn Bhd, to carry out earthworks and related works for Stage 1 (Package 2) at Lagong Mas in Gombak, Selangor.

Plantation company Kuala Lumpur Kepong Bhd (KL:KLK) reported a 31.8% increase in net profit to RM154.27 million for its second financial quarter ended March 31, 2025 (2QFY2025) from RM117.07 million a year earlier, on improved plantation profit.

Symphony Life Bhd (KL:SYMLIFE) has proposed to raise up to RM23.53 million via a private placement of 10% of its enlarged share base to fund a joint development project.

YTL Corp Bhd (KL:YTL) on Thursday posted a 15.5% year-on-year drop in quarterly net profit, dragged by YTL Power International Bhd's (KL:YTLPOWR) weaker results, offset by a strong showing from Malayan Cement Bhd (KL:MCEMENT).

In a landmark decision, the Court of Appeal (COA) last month ruled that a private lease scheme involving the Special Economic Zone (SEZ)—as sanctioned by the local authority at Iskandar Malaysia in Johor—is valid.

Cahya Mata Sarawak Bhd’s (KL:CMSB) net profit fell 33.8% to RM25.34 million in its first quarter ended March 31, 2025 (1QFY2025) compared to RM38.25 million a year ago, dragged by unfavourable foreign exchange (forex), and lower contribution from associates and joint ventures.

The 21st MBAM Annual Safety and Health Conference 2025 was launched on Thursday morning by Department of Occupational Safety and Health (DOSH) director general Mohd Hatta Zakaria at Sunway Resort Hotel.

The rooftop solar quota under the Net Energy Metering (NEM) mechanism for residences (NEM Rakyat) has been fully taken up, according to the latest data published by the Sustainable Energy Development Authority (Seda).

Hektar Real Estate Investment Trust (REIT) (KL:HEKTAR) aims to grow its non-retail assets from 13% to 20%, and double its portfolio size to RM3 billion within five years.

WORQ and Sunway Property have announced the launch of their second collaborative co-working outlet with the opening of the 20,000 sq ft WORQ Sunway Velocity at Sunway V2 Tower in Cheras.