IJM’s 1Q net profit climbs 10%, lifted by construction, industry divisions
Its construction division saw revenue and pre-tax profit jump 79.
Malaysian Bar joins calls to defer Urban Renewal Bill, says compulsory acquisition clause 'illogical'
It criticised provisions that would allow compulsory acquisition from dissenting landowners once thresholds are met, calling it “illogical” and unfair.
Lagenda logs record quarterly property sales; profit down 6.5% on higher admin expenses
Lagenda said the RM413.
Paramount aims to secure land with RM6b GDV potential by year end to support future property projects
As at June 30, Paramount’s remaining undeveloped land stood at 358 acres, carrying a GDV potential of RM5.
70% of Merdeka 118’s offices leased out; full development slated in 5 to 6 years
The office floors are equipped with Titanium and Low-E glass coatings to enhance cooling efficiency, underfloor air-conditioning systems that allow for flexible temperature management, and adaptive lighting systems designed to provide consistent illumination across workspaces.
IGB Bhd posts 0.2% rise in 2Q net profit; quarterly revenue up 14.2% on improved performance across all business segments
The commercial segment, via IGB Commercial REIT, saw revenue expand 14.
Architects institute urges refinements to Urban Renewal Bill to better protect public interest
“PAM reiterates its commitment to supporting the government in achieving meaningful urban renewal.
Minister confirms no withdrawal of Urban Renewal Bill, second reading set for Thursday
Housing and Local Government Minister Nga Kor Ming accused opponents of the bill of “playing with sentiment and engaging in destructive politics”.
Al-Aqar REIT’s 2Q net income down 2.5%, declares 1.73 sen DPU
Quarterly net rental income rose 3.
Hyatt Regency Kuala Lumpur at KL Midtown officially opens
The five-star hotel is the first component to open at KL Midtown, which will also feature 500,000 sq ft of retail space, signature and corporate towers and residential apartments.
