OSK Holdings’ 2Q net profit rises 10%, pays 2.5 sen dividend
OSK Holdings Bhd's (KL:OSK) second-quarter net profit rose 10.33% to RM142.0 million from RM128.7 million a year earlier, on the back of higher earnings from its operating businesses.
Nanta Linggi: Construction industry rebounded in 4Q2024 with project values doubling to RM42b from two years ago
Malaysia’s construction industry has staged a strong rebound, with project values in 4Q2024 having doubled to RM42.05 billion compared with two years ago, said Works Minister Datuk Seri Alexander Nanta Linggi.
Mulpha’s 2Q profit jumps on Aveo stake sale, key divisions drag down revenue
Mulpha International Bhd’s (KL:MULPHA) net profit surged to RM270.9 million in the second quarter ended June 30, 2025 (2QFY2025), up over six times from RM43.4 million a year earlier, mainly due to the sale of its 15.8% stake in Aveo Group’s parent company, Hydra RL TopCo Pty Ltd, for A$339.3 million (RM936.5 million).
Anwar says Urban Renewal Bill can be improved, urges critics to give it a chance
Prime Minister Datuk Seri Anwar Ibrahim said on Thursday that the government is prepared to refine and amend the proposed Urban Renewal Bill 2025 (URA Bill), ahead of its second reading in the Dewan Rakyat.
MRCB sees 70% drop in 2Q profit on lower billings
Construction and property group Malaysian Resources Corp Bhd (KL:MRCB) posted a 70.6% year-on-year fall in net profit for the second quarter on lower construction billing.
KLCCP Stapled Group’s 2Q profit rises on retail strength, declares 9.2 sen dividend
KLCCP Stapled Group (KL:KLCC) said its second quarter net profit rose 4.9% to RM200.45 million from RM191.06 million a year earlier, supported by higher contributions from the retail and hotel segments.
IJM’s 1Q net profit climbs 10%, lifted by construction, industry divisions
IJM Corp Bhd (KL:IJM) posted a 10.04% increase in its first-quarter net profit, underpinned by stronger contributions from its construction and industry divisions.
Malaysian Bar joins calls to defer Urban Renewal Bill, says compulsory acquisition clause 'illogical'
The Malaysian Bar has urged the government to defer the second reading of the Urban Renewal Bill 2025 (URA Bill), joining a growing chorus of critics warning that the proposed law could undermine homeowners’ rights and displace vulnerable communities.
Lagenda logs record quarterly property sales; profit down 6.5% on higher admin expenses
Property developer Lagenda Properties Bhd (KL:LAGENDA) logged record quarterly property sales of RM413.4 million in the second quarter, but net profit dropped 6.5% due to lower revenue and higher administrative expenses.
Paramount aims to secure land with RM6b GDV potential by year end to support future property projects
Paramount Corp Bhd (KL:PARAMON) is accelerating its land replenishment drive with plans to secure land with gross development value (GDV) potential of up to RM6 billion by year end, as the property developer seeks to sustain its pipeline while keeping to its core markets in the Klang Valley, Penang and Kedah
