Earnings per share jumped to 0.98 sen from 0.19 sen in 1QFY2024.

The lower consent threshold required for an en bloc sale in the proposed legislation would only allow negotiations with property owners to begin, Anwar said.

“The objective is to enhance operational efficiency and productivity while ensuring LTAT’s subsidiaries remain competitive in their respective industries,” Mohamed Khaled said without disclosing further details on the restructuring process.

Of these, 782 applications were approved under the updated MM2H programme, involving 319 principals and 463 dependents.

Nestcon said its wholly-owned subsidiary Nestcon Infra Sdn Bhd (NISB) has accepted a letter of award (LOA) from STDC for the proposed project.

Net profit for the fourth quarter ended Dec 31, 2024 (4QFY2024) rose 8% year-on-year (y-o-y) to RM128.21 million, from RM118.72 million in the same period last year.

The Urban Renewal Bill (URB) is now open for public feedback until March 7.

Chin Hin Group Property Bhd (KL:CHGP) unveiled its latest apartment development named Avalton By The Water located at Jalan Melaka Raya 35, Melaka, on Sunday.

Some 177 purchasers of Puncak 7 Residences, located in Shah Alam, Selangor, representing 142 units, received their payment of RM2.26 million for major defects to their property at a handover of cheque ceremony at Plaza Masalam Shah Alam over the weekend.

Sarawak-based Hartanah Kenyalang Bhd said it has secured approval for an initial public offering (IPO) and aims to list on the ACE Market by June this year.