Land & General's 2Q earnings jump on better showing by property, education segments
Net profit for the group's second quarter ended Sept 30, 2025 (2QFY2026) stood at RM14.
Net profit for the group's second quarter ended Sept 30, 2025 (2QFY2026) stood at RM14.
For total purchase consideration of RM44.
Ambang Residence is a modern mixed development in Bandar Botanic designed to elevate everyday living through contemporary architecture, thoughtful spatial planning, and seamless urban connectivity.
Net profit, excluding extraordinary items, has reached about 80% of the consensus full-year forecast with just one quarter left before the year ends, prompting revisions of estimates.
The strong quarterly performance also boosted its nine-month results to a record high, with net profit more than doubling to RM243.
The job, awarded by ANS Development Sdn Bhd, commenced on Nov 10 and is scheduled for completion on Aug 21, 2028.
“We have room for expansion and at the right time when we need the money and the timing is right we will go and tap the sukuk market,” group managing director and chief executive officer Datuk Seri Azmir Merican said.
The 240,000 sq ft neighbourhood mall, which opened with a mix of lifestyle, wellness and F&B tenants, has reached about 90% occupancy and is drawing steady visitor traffic despite the usual teething issues associated with new retail centres.
The industrial segment led contributions with RM1.
D'Templer Hilltop Residences is an exclusive freehold residential enclave perched 162 metres above sea level in the tranquil hills of Rawang.