KLCCP Stapled Group (KL:KLCC) said its third-quarter net profit rose 11.44% year-on-year, driven by strong performances across its business segments, particularly the retail and hotel division. 

The Court of Appeal (COA) here on Monday allowed the liquidator of Crest Worldwide Resources Sdn Bhd to adduce fresh evidence in SKN Land & Development Sdn Bhd’s (SKN L&D) appeal against the High Court’s decision to dismiss an application to terminate Crest’s winding-up.

The first phase of the 26.5-acre KL Wellness City mixed-use development in Bukit Jalil is 40% completed, said KL Wellness City executive director of branding, sales and marketing Datuk Seri Vincent Tiew at a press conference at KL Wellness City Gallery on Monday.

For the nine months ended Sept 30, 2024 (3Q2024), S P Setia Bhd reported a profit before tax (PBT) of RM853 million.

Radium Development Bhd, through its indirect wholly-owned subsidiary Radium J Velodrome Sdn Bhd, has entered into a conditional sale and purchase agreement to acquire three parcels of contiguous leasehold land in Cheras for RM458 million.

IJM Corporation Bhd (KL:IJM) may acquire a 50% stake in financially troubled UK-based construction firm JRL Group, according to multiple news reports.

The government has increased the rooftop solar capacity by another 300MW for the commercial and industrial segment, and by 50MW for households.

Lagenda Properties Bhd (KL:LAGENDA) said on Friday that an indirectly owned subsidiary of the company has secured the right to develop a 139-acre land in Kota Tinggi, Johor, for RM99.62 million, cash. The final purchase price may still vary.

Vizione Holdings Bhd (KL:VIZIONE) said its unit has served a notice to Inspirasi Langkawi Sdn Bhd to terminate its employment as main contractor for the development of a 14-storey hotel in Langkawi, claiming it had not been properly paid for its works so far.

Loss-making Classita Holdings Bhd (KL:CLASSITA) is mulling diversifying into the property investment business as it foresees growing demand.