E&O in no rush to sell UK assets
The group’s remaining UK assets could fetch between RM600 million and RM800 million if fully monetised.
UOA Development 1Q profit up 49%, sees near RM900m unbilled sales
The group recorded a net profit of RM73.
Matrix Concepts posts 4Q net profit of RM42.7m, declares 1.35 sen dividend
On its outlook, Matrix expects strong long-term growth, supported by continued demand for Sendayan Developments; the launch of Malaysia Vision Valley City (MVV City), a 2,382-acre, RM15 billion integrated project near the planned High-Speed Rail, and ongoing success of Levia Residences in Cheras with a gross development value of RM523 million.
Ekovest narrows 3Q net loss on lower deferred tax expense
On prospects, Ekovest highlighted steady revenue growth from toll collections on Phases 1 and 2 of the Duke Highway and expects to gain further from the full opening of the SPE Highway.
Lagenda 1Q profit grows 4%, doubles FY2025 property launch target
Revenue for the quarter climbed 17.
IOI City Mall Phase 2 recognised as largest GBI-certified mall in Malaysia
IOI Properties also received Certified Green Building Index (GBI) rating under the GBI Non-Residential New Construction: Hotel (NRNC: Hotel) category for its 480-room Moxy Putrajaya that is linked to IOI City Mall, as well as GBI Silver rating for its IOI City Towers 1 and 2.
Kwasa Land partners Educ8 Group to build private education hub in Kwasa Damansara
This follows the recent signing of a Sale and Purchase Agreement between Kwasa Land and ECM Kwasa Damansara Sdn Bhd, a subsidiary of Educ8, for the acquisition of the 11.
Titijaya acquires properties in Kota Kinabalu for RM105 mil
Titijaya said the location of the two assets—offering strong connectivity to both UMS and the upcoming Hospital UMS—makes the area a highly desirable locality in Kota Kinabalu.
Kerjaya Prospek to buy 49% stake in Aspen Vision Land for RM98 mil
Kerjaya Prospek said the acquisition will be executed by its subsidiary, Kerjaya Prospek Ventures Sdn Bhd (KPV), which has entered into a subscription and shareholders’ agreement (SSA) with three Singapore-listed Aspen (Group) Holdings Ltd’s subsidiaries, namely AVL, Aspen Vision Development Sdn Bhd (AVD) and Aspen Vision All Sdn Bhd (AVA).
