S P Setia Bhd saw a 56% uptick in profit before tax to RM181.2 million in 1Q2024 “highlighting the consistent efficiency in its wide-ranging operations, particularly in managing landbanks and commercial assets, including office spaces and retail complexes”.

UEM Group Bhd, through its township and property arm, UEM Sunrise Bhd signed an MoU with ITRAMAS Corp and China Machinery Engineering Corp (CMEC) to developing a Renewable Energy RE) Industrial Park, measuring 40-acres in Gerbang Nusajaya, Iskandar Puteri, Johor.

IJM Land Bhd, the property arm of construction giant IJM Corporation Bhd (IJM Corp)(KL:IJM), said on Thursday that it has secured eight central London sites for development with its partner Network Rail Property.

Shares of Mitrajaya Holdings Bhd (KL:MITRA) rose to their highest in more than eight months, after the builder and property developer announced that it has secured a contract worth RM174.3 million.

The National Landscape Department has been instructed to identify tree species suitable for planting in urban areas and not hazardous to the public, said Minister of Housing and Local Government Nga Kor Ming.

Penang-based property developer Ewein Bhd (KL:EWEIN) is acquiring a company involved in the manufacturing of racking systems and machinery for about RM32 million.

Selangor has become the eighth state to adopt the Solid Waste Management and Public Cleansing Act 2007 (Act 672), said Housing and Local Government Minister Nga Kor Ming.

Mitrajaya Holdings Bhd (KL:MITRA) has clinched a contract worth RM174.3 million to build a hospital in Shah Alam, Selangor.

Electrical and mechanical engineering group LFE Corp Bhd (KL:LFECORP) has bagged two contracts related to the construction of a 22-storey hotel in Penang worth a total of RM16.7 million.

NCT Group of Companies will develop a 127-acre piece of commercial and industrial land into an industrial park at Delapan Special Border Economic Zone (SBEZ) in Bukit Kayu Hitam, Kedah after signing a joint development agreement (JDA) with Northern Gateway Group of Companies, a wholly-owned subsidiary of Ministry of Finance Inc, according to a press statement on May 15.