PETALING JAYA (May 27): JAKS Resources Bhd started its financial year ending Dec 31, 2026 with higher contributions from its Vietnam power joint venture (JV) cushioning weaker results from property investment and construction-related activities.
PETALING JAYA (May 27): LBS Bina Group Bhd opened its financial year ending Dec 31, 2026 with a steady first quarter, supported by its Klang Valley township projects and a sharper turnaround in construction and trading.
PETALING JAYA (May 27): Sime Darby Property Bhd posted a 33.
PETALING JAYA (May 27): Sunway Bhd’s first quarter was led by a sharp rebound in property development and resilient construction earnings, with other divisions adding breadth beneath a one-off boost from the listing of its healthcare arm.
This article appeared in the May 12, 2026 issue of the monthly print edition.
Beverly Heights, Selangor detached house sold for RM2.
PETALING JAYA (May 26): Cahya Mata Sarawak Bhd posted higher revenue and profit before tax for its first quarter ended March 31, driven by stronger infrastructure activity in Sarawak, which boosted its cement and construction materials businesses, alongside higher property development contributions supported by construction progress on the RM550 million Borneo Convention Centre Kuching 2 (BCCK2) contract.
KUALA LUMPUR (May 26): Lingkaran Cekap Sdn Bhd (LCSB), the authorised operator of the Genting Highlands road network, will implement road charges in two phases, effective May 28 and June 28, 2026.
KUALA LUMPUR (May 26): Paramount Corp Bhd (KL:PARAMON) is expecting a 10% rise in construction costs following recent geopolitical shocks, and plans to increase the prices of its upcoming property launches by 3% to 5% to offset rising building material and fuel expenses.
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