Magna Prima posts RM1.82m 2Q loss despite higher revenue
PETALING JAYA (Aug 26): Magna Prima Bhd posted a net loss attributable to shareholders of RM1.
BIMB assigns 59% premium to Avaland in maiden coverage
KUALA LUMPUR (Aug 26): BIMB Securities reported in its initiation coverage that Avaland Bhd (KL:AVALAND) could see upsides of 59% to its stock, as the premium-focused Klang Valley property developer’s strong project pipeline provides multi-year earnings visibility.
Exsim Hospitality's full year profit doubles as hospitality management, fit-out revenues jump
KUALA LUMPUR (Aug 21): Exsim Hospitality Bhd (KL:EXSIMHB), formerly known as Pan Malaysia Holdings Bhd, more than doubled its net profit for the financial year ended June 30, 2026 (FY2026), as its fit-out business expanded and its hospitality-management operations gained scale.
Magma’s 2Q net loss widens to RM8.6m on lower hotel revenue, higher costs
PETALING JAYA (Aug 20): Magma Group Bhd’s net loss widened 34% year-on-year to RM8.
PropNex showcases more properties for August open house on Aug 22 and 23
PETALING JAYA (Aug 20): Get ready to check out more properties on the subsale market this weekend (Aug 22 and 23), courtesy of PropNex Malaysia.
Lagenda’s 2Q net profit rises 25% to RM56.57m
PETALING JAYA (Aug 19): Lagenda Properties Bhd’s net profit rose 25% to RM56.
Puncak Niaga to sell two plots of land for RM237m to pare debt, buyer plans mixed development
KUALA LUMPUR (Aug 18): Puncak Niaga Holdings Bhd (KL:PUNCAK) is proposing to sell two plots of land in Bandar Puncak Alam, Selangor for RM237.
Malaysian CIQ complex, RTS station in separate structures to retain access to Singapore’s Public Utilities Board pipelines
JOHOR BAHRU (Aug 18): The Customs, Immigration and Quarantine (CIQ) complex and the Rapid Transit System (RTS) Link station on the Malaysian side were built as two separate structures because of the presence of Singapore’s Public Utilities Board (PUB) pipelines between the two buildings.
Govt to build RM60m bridge between Bukit Chagar RTS Station and KTMB Komuter — Loke
JOHOR BAHRU (Aug 18): The government will build a bridge between the Bukit Chagar Rapid Transit System (RTS) Link Station and KTMB Komuter service to strengthen public transport integration and facilitate passenger access to the transit system.
George Town heritage properties back in vogue as rents, prices surge
GEORGE TOWN (Aug 15): Rental rates and selling prices for pre-war shophouses in George Town's Unesco core zone have skyrocketed 20% above 2024 levels, pushing per-square-foot rents past RM3 in prime locations like Campbell Street as tourism rebounds and supply tightens.
