IGB Bhd (IGB) yesterday announced that its wholly owned subsidiary, IGB Corp Bhd (IGBCB) entered into a Shareholders Agreement with Southkey City Sdn Bhd (SCSB) to establish Enrich Horizon Sdn Bhd (EHSB) to acquire and develop two parcels of leasehold land in Southkey, Johor Bahru.

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 (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 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.

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.

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 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

PNB Merdeka Ventures Sdn Bhd (PMVSB), a subsidiary of Permodalan Nasional Bhd (PNB), today presented its Grade A office offerings within Merdeka 118, the tallest tower in Southeast Asia. 

IGB Bhd reported a net profit of RM75.33 million for the second quarter ended June 30, 2025 (2QFY2025), a 0.2% rise from RM75.18 million a year earlier.

Mosaic Residences, developed by Cheras Traders Square Sdn. Bhd., is a freehold serviced apartment located in the vibrant hub of USJ 1, Subang Jaya.