News about capital

The research house said Kerjaya’s new order wins would remain largely from internal projects, comprising circa 60% of its RM1.

So far this year, CLMT has gained 17%, sharply outperforming its peers, buoyed by potential earnings contributions from its newly-acquired industrial properties.

The proposed diversification is expected to boost the group’s net profit by about 25%, aligning with its long-term strategy to pursue more engineering, procurement, construction and commissioning (EPCC) projects beyond telecommunications network projects, the group said in an exchange filing.

“This partnership aims to create a robust infrastructure that supports its long-term vision for the region’s growth and development while incorporating sustainable elements within an ESG framework.

The sale price of RM34 million is RM15.

In a note on Thursday, the research house said AME Elite's stronger earnings were driven by higher contributions from its property development, engineering, and property investment segments.

In a filing to Bursa Malaysia on Tuesday, Suria Capital announced its collaboration with BEDI Development, a 75%-owned unit of EXSIM Development Sdn Bhd, to develop two parcels of land measuring approximately 14.

The group intends to declare a first tranche of dividends amounting to at least RM144 million.

Post transaction, the REIT’s enlarged portfolio will consist of 10 properties, with the proportion of industrial and logistics properties increasing from 10% to 11% of its total portfolio's net lettable area of approximately 4.

According to TA Securities, CLMT achieved a 24% year-on-year (y-o-y) increase in realised net profit, reaching RM111.