Tropicana narrows FY2025 loss to RM15.5m as revenue rises 6% to RM1.5b; balance sheet strengthens
PETALING JAYA (March 4): Tropicana Corp Bhd (Tropicana) reported revenue of RM1.
Contractors, material firms face cost pressures amid Middle East conflict, CIMB Securities flags
KUALA LUMPUR (March 4): Malaysian contractors and building materials companies may face margin pressure from rising costs amid escalating conflict in the Middle East, CIMB Securities said.
Sunway's ongoing takeover offer for IJM under MACC investigation, says Azam Baki
PUTRAJAYA (March 4): Malaysia’s anti-graft agency said it has opened an investigation paper linked to Sunway Bhd’s (KL:SUNWAY) ongoing takeover offer for IJM Corp Bhd (KL:IJM).
TA Global launches Tower B of Amaya Residences
KUALA LUMPUR (March 4): TA Global Bhd officially unveiled Tower B of Amaya Residences in Bandar Sri Damansara, Selangor on March 1, following an 80% take-up rate for Tower A of the development.
Tropicana formalises 10 MOUs to strengthen hospitality ecosystem ahead of T Journey launch
PETALING JAYA (March 4): Tropicana Corp Bhd has formalised 10 memoranda of understanding through its hospitality arm, T Journey Collection Sdn Bhd, to strengthen its ecosystem ahead of its official launch next month.
Sime Darby Property hits record RM803.4m PBT as SHIFT32 strategy begins; KWAP raises stake
PETALING JAYA (March 4): Sime Darby Property Bhd (SimeProp) has closed FY2025 with a record profit before tax (PBT) of RM803.
IJM revenue tops RM5b in 9MFY2026 as construction rebound offsets property drag amid Sunway takeover bid
PETALING JAYA (March 4): IJM Corp Bhd posted a 12.
Loke says LRT3 contractor may face over RM475m penalties, vows accountability over delays
KUALA LUMPUR (March 4): Light Rail Transit 3 (LRT3)’s main contractor could face penalties of more than RM475 million due to project delays, Transport Minister Anthony Loke (pictured) said.
Rivertree enters into a RM600m related-party deal to build labour quarters
KUALA LUMPUR (March 4): Rivertree STF Synergies Bhd (KL:RSSB), formerly known as Sinmah Capital Bhd, has entered into a heads of agreement (HOA) to collaborate on the design, construction and operation of up to four centralised labour quarters (CLQs) in the Klang Valley, with a total indicative value of RM600 million.
Gadang to acquire Johor Bahru land from Ekovest for RM75.5 mil
KUALA LUMPUR (March 4): Gadang Holdings Bhd (KL:GADANG) is buying an 11.
