Crescendo’s 4Q net profit falls 60% on higher costs, subsidiary losses
KUALA LUMPUR (March 31): Crescendo Corp Bhd’s net profit dropped 60.
KWAP also plans to reject Sunway’s offer for IJM shares, sources say
KUALA LUMPUR (March 30): Retirement Fund Inc, which is the third largest shareholder of IJM Corporation Bhd, is also rejecting an offer by Sunway Bhd for its shares in the construction giant.
BIMOffice makes strong LEAP Market debut, eyes digital construction growth
KUALA LUMPUR (March 31): BIMOffice Group Bhd made a strong debut on the LEAP Market of Bursa Malaysia on Monday, opening at 26.
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Malaysia’s 2026 property inflexion: Early uprising or an infrastructure-led mid-cycle peak?
The Malaysian property market has historically functioned as a key pillar of national economic development, moving through distinct cycles of expansion and correction.
Paragon Globe, GSP Automotive partner to develop RM1.5 billion AutoPark in Iskandar Puteri
JOHOR BAHRU (March 30): Paragon Globe Bhd is advancing its industrial pivot through a strategic partnership with GSP Automotive Group to develop a 47-acre automotive-focused industrial hub (“AutoPark”) in Iskandar Puteri, Johor, with an estimated gross development value (GDV) of RM1.
Paramount converts Sinaran Residences and Sinaran Avenue in Utropolis Batu Kawan to freehold tenure
KUALA LUMPUR (March 30): Paramount Property has converted the land tenure of its fully sold Sinaran Residences (residential) and Sinaran Avenue (commercial) developments in Utropolis Batu Kawan, Penang, from leasehold to freehold, benefiting 980 purchasers.
Sunway, Equalbase open 103° free commercial zone in Johor as operations commence
KUALA LUMPUR (March 30): Sunway Group and Equalbase have officially opened 103°, a 55-hectare free commercial zone (FCZ) in Sunway City Iskandar Puteri, Johor with its first two warehouses spanning 1.
KPKT proposes Malaysia–Cambridge platform to anchor urban policy, affordable housing targets
PETALING JAYA (March 30): Malaysia’s Ministry of Housing and Local Government (KPKT) is proposing the establishment of a Malaysia–Cambridge Urban Platform, signalling a push to formalise international collaboration in urban planning and housing policy as the government aligns development priorities with the MADANI economic framework and Sustainable Development Goals (SDGs).
EPF abstained from voting on Sunway's takeover offer for IJM
KUALA LUMPUR (March 27): The Employees Provident Fund (EPF), the largest shareholder in IJM Corp Bhd (KL:IJM), voluntarily abstained from voting on the takeover offer by Sunway Bhd (KL:SUNWAY) for the construction group.
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.
