News about ar

PETALING JAYA (May 20): Sunway Property has commenced traffic improvement works at the Persiaran Kewajipan roundabout in Subang Jaya, in collaboration with Majlis Bandaraya Subang Jaya (MBSJ), targeting completion by year-end 2026.

PETALING JAYA (May 19): Fiamma Holdings Bhd's property development segment slipped into a loss before tax of RM1.

KUALA LUMPUR (May 19): Plantation group Kuala Lumpur Kepong Bhd (KL:KLK) and its parent company Batu Kawan Bhd (KL:BKAWAN) reported strong second-quarter results on Monday, with net profits surging around 90%, lifted by gains from land disposals and favourable foreign exchange gains.

PETALING JAYA (May 19): S P Setia Bhd is expanding commercial and residential offerings within its 775-acre Setia Alamsari township in Kajang, Selangor including the upcoming launch of Impiana, its newest commercial development with a gross development value (GDV) of RM82 million.

This article appeared in the May 12, 2026 issue of the monthly print edition.

KUALA LUMPUR (May 18): Sunway Construction Group Bhd (KL:SUNCON) kicked off the financial year ending Dec 31, 2026 (FY2026) on a strong footing, with higher contributions across all operating segments driving a sharp increase in first-quarter earnings, while the group rewarded shareholders with total dividends of 22.

PETALING JAYA (May 18): Tan Sri Syed Mokhtar Shah Syed Nor (pictured) became a substantial shareholder of Eco World Development Group Bhd (EcoWorld) on May 15, following the transfer of Datuk Leong Kok Wah's entire shareholding in Syabas Tropikal Sdn Bhd (STSB) to him.

KUALA LUMPUR (May 18): Property developer Gold Li Holdings Bhd (KL:GOLDLI) said it is targeting revenue growth of about 10% for its financial year 2026, citing stable demand from its core markets in Muar, Tangkak and Batu Pahat in Johor.

This article appeared in the May 12, 2026 issue of the monthly print edition.

PETALING JAYA (May 16): The proposed joint venture (JV) between Citaglobal Bhd and Varia Bhd to develop the Citaglobal Tower — a mixed development on a 1.