Tropicana posts RM260.4 mil revenue in 1QFY2025
Tropicana Corporation Bhd reported a revenue of RM260.4 million in the announcement of its unaudited financial results for the first quarter ended March 31, 2025 (1Q2025).
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PRG Holdings to exit confinement services business after seven years
Manufacturing, property development and construction outfit PRG Holdings Bhd (KL:PRG) is exiting the confinement services business by disposing of its entire 26.21% equity interest in Esther Postpartum Care Sdn Bhd (EPC) for RM1, in line with the group's strategic move to focus on its core business operations.
IJM Corp’s 4Q net profit falls almost 30% on credit loss from West Coast Expressway
IJM Corporation Bhd’s (KL:IJM) net profit for the fourth quarter was down almost 30% to RM128.95 million, mainly due to a RM54 million expected credit loss related to the West Coast Expressway.
Chin Hin’s 1Q net profit doubles on contribution from Signature International, turnaround in property development
Chin Hin Group Bhd (KL:CHINHIN) saw its first-quarter net profit double, mainly on contributions from kitchen and wardrobe maker Signature International Bhd (KL:SIGN) and a turnaround in its loss-making property development segment.
AmanahRaya REIT to buy industrial asset in Selangor for RM39m
Amanahraya Real Estate Investment Trust (AmanahRaya REIT) (KL:ARREIT) is acquiring an industrial building, measuring 132,700 sq ft, in Telok Panglima Garang, Selangor for RM39 million.
Vestland secures RM157 mil apartment project in KL
Construction outfit Vestland Bhd (KL:VLB) on Thursday secured a RM156.91 million contract to undertake the construction of a 51-storey serviced apartment block in Kuala Lumpur.
AGC seeks to join contempt case against govt officials, new KL Tower operators; hearing on June 5
The Attorney General’s Chambers (AGC) told the High Court it wants to be heard in a contempt case filed by former KL Tower operator Hydroshoppe Sdn Bhd and Menara Kuala Lumpur Sdn Bhd against government officials and the new KL Tower operators.
ECRL project strengthens Malaysia-China cooperation—chief secretary to govt
The commitment of China Communications Construction Company Ltd (CCCC) in completing the East Coast Rail Link (ECRL) project has strengthened strategic Malaysia-China cooperation in the development of high-impact infrastructure.
HHRG’s unit bags RM13m deal, 51% stake option in Udaran
HHRG Bhd’s subsidiary, Open Road (East Coast) Sdn Bhd (OREC), has signed deals worth RM13 million and secured the right to acquire up to 51% of property developer Udaran Sdn Bhd as part of a mixed-use project in Kuala Terengganu.
Berjaya Land swings to loss in 3Q on absence of one-off gain
Berjaya Land Bhd (KL:BJLAND) swung to a quarterly net loss of RM56.19 million for its third quarter ended March 31, 2025 (3QFY2025), from a net profit of RM29.33 million a year earlier when there was a one-off gain from equity disposal.
