GuocoLand posts first quarterly loss in four years on inventory write-down
KUALA LUMPUR (May 8): GuocoLand (Malaysia) Bhd (KL:GUOCO) slipped into its first quarterly net loss in four years despite a higher revenue, mainly due to a RM7.
KUALA LUMPUR (May 8): GuocoLand (Malaysia) Bhd (KL:GUOCO) slipped into its first quarterly net loss in four years despite a higher revenue, mainly due to a RM7.
Four Seasons Place, Kuala Lumpur condo unit sold for RM9.
JOHOR BAHRU (May 7): Coronade Properties Sdn Bhd has officially commenced Phase 2 of its Coronation Square integrated development in Johor with a groundbreaking ceremony for Coronation Square Mall, which is set to become the largest retail mall in the Johor Bahru city centre.
The Madani government's proposal to establish an Ombudsman through a new Ombudsman Act has been welcomed broadly as an administrative reform.
Four Seasons Place, Kuala Lumpur condo unit sold for RM9.
KUALA LUMPUR (May 6): Paramount Corporation Bhd (KL:PARAMON) said it has so far issued RM190 million under its RM500 million perpetual securities programme.
PETALING JAYA (May 6): EdgeProp Malaysia has collaborated with PropNex Malaysia to produce the Malaysia Property Market Overview 1Q2026 — a comprehensive, data-driven report that maps the state of the market across residential, commercial and industrial segments in Malaysia's four key property markets: Kuala Lumpur, Selangor, Johor, and Penang.
KUALA LUMPUR (May 6): SkyWorld Development Bhd has formalised a strategic collaboration with Malaysian government agency Majlis Amanah Rakyat (MARA) through the exchange of a memorandum of understanding (MOU) at the MARA Synergy Summit: Sustainability as the Nation’s Growth Engine, held in conjunction with MARA’s 60th anniversary at the World Trade Centre Kuala Lumpur on May 4.
KUALA LUMPUR (May 6): The potential sale of Marina One, a mixed-use development in Singapore owned by M+S Pte Ltd, is said to have attracted bidders including CapitaLand Group and Hongkong Land Holdings Ltd, international news wires Bloomberg reported.
GEORGE TOWN (May 5): The Penang Development Corporation (PDC) and Malaysia Airports Holdings Bhd (MAHB) have approved the setting up of a joint venture company, Syarikat Usahasama PILA Sdn Bhd, to implement the Penang International Logistics Aeropark (Pila) project.