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News about myedgeprop

MRCB sees 70% drop in 2Q profit on lower billings

Aug 28

Going forward, MRCB said its property development and investment division remains focused on enhancing cash flow by monetising unsold completed stocks in Malaysia, as well as achieving its earmarked RM2.

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KLCCP Stapled Group’s 2Q profit rises on retail strength, declares 9.2 sen dividend

Aug 28

Segmentally, the retail division was the largest revenue contributor in the quarter with RM137.

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IJM’s 1Q net profit climbs 10%, lifted by construction, industry divisions

Aug 28

Its construction division saw revenue and pre-tax profit jump 79.

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Malaysian Bar joins calls to defer Urban Renewal Bill, says compulsory acquisition clause 'illogical'

Aug 28

It criticised provisions that would allow compulsory acquisition from dissenting landowners once thresholds are met, calling it “illogical” and unfair.

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Lagenda logs record quarterly property sales; profit down 6.5% on higher admin expenses

Aug 28

Lagenda said the RM413.

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Paramount aims to secure land with RM6b GDV potential by year end to support future property projects

Aug 27

As at June 30, Paramount’s remaining undeveloped land stood at 358 acres, carrying a GDV potential of RM5.

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70% of Merdeka 118’s offices leased out; full development slated in 5 to 6 years

Aug 27

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.

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IGB Bhd posts 0.2% rise in 2Q net profit; quarterly revenue up 14.2% on improved performance across all business segments

Aug 27

The commercial segment, via IGB Commercial REIT, saw revenue expand 14.

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Architects institute urges refinements to Urban Renewal Bill to better protect public interest

Aug 27

“PAM reiterates its commitment to supporting the government in achieving meaningful urban renewal.

READ MORE

Minister confirms no withdrawal of Urban Renewal Bill, second reading set for Thursday

Aug 27

Housing and Local Government Minister Nga Kor Ming accused opponents of the bill of “playing with sentiment and engaging in destructive politics”.

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