Binastra Corp's 4Q net profit jumps 70% to RM42m amid higher number of projects
KUALA LUMPUR (March 26): Construction group Binastra Corp Bhd's (KL:BNASTRA) fourth quarter net profit climbed by nearly 70% to RM42.
Beyond the brewery: Heineken’s production shift highlights rising strategic value of PJ industrial land
PETALING JAYA (March 26): When Heineken NV announced last week that its Singapore unit would phase down large-scale brewing in favour of a regional logistics and innovation hub, the headlines focused on export projections and analyst commentary.
MBAM calls for urgent support as construction cost pressures escalate
KUALA LUMPUR (March 26): Master Builders Association Malaysia (MBAM) urges the government and private sector to take immediate action as escalating building material, energy and logistics costs squeeze development contractors and threaten project delivery.
OCR to acquire 49% stake in property consultancy firm via share issuance
KUALA LUMPUR (March 26): OCR Group Bhd (KL:OCR) is planning to acquire a 49% stake in Chester Properties Sdn Bhd, a property and investment consultancy firm, through the issuance of new shares.
Kitacon secures RM99 mil construction job in Cyberjaya
KUALA LUMPUR (March 25): Kumpulan Kitacon Bhd (KL:KITACON) has secured a RM99.
Eversendai’s Trojena Ski Village contract in Saudi Arabia terminated amid Middle East tensions
KUALA LUMPUR (March 25): Eversendai Corporation Bhd (KL:SENDAI) said it has received a termination notice from NEOM Company for its Trojena Ski Village structural steel contract in Saudi Arabia, effective March 26, citing geopolitical developments in the Middle East.
IJM: MACC clarifies probe targets individuals only, not the group as an entity
KUALA LUMPUR (March 24): IJM Corporation Bhd (KL:IJM) said on Tuesday that the Malaysian Anti-Corruption Commission (MACC) has confirmed that its ongoing investigation does not involve the group as an entity.
Penang CM says will submit report on quit rent hike to DAP sec-gen
GEORGE TOWN (March 23): Penang Chief Minister Chow Kon Yeow (pictured) will prepare a report to be submitted to DAP secretary general Anthony Loke regarding the implementation of new quit rent (land tax) rates, which came into effect on Jan 1 in the state.
Prasarana submits Kelana Jaya LRT recovery plan to Transport Ministry
KUALA LUMPUR (March 23): Prasarana Malaysia Bhd has submitted a comprehensive recovery action plan to the Transport Ministry following the recent service disruptions on the Kelana Jaya Light Rail Transit (LRT) line.
Strata law needs revamping as urbanisation progresses
This article appeared in the March 12, 2026 issue of the monthly print edition.
