News by EDGEPROP.MY

Sime Darby Property Bhd’s net profit attributable to shareholders more than doubled to RM322.04 million for the second quarter ended June 30, 2026 (2QFY2026), from RM143.54 million a year earlier.

Fiamma Holdings Bhd’s net profit rose 15.9% year-on-year to RM16.17 million for the second quarter ended June 30, 2026 (2QFY2026), as revenue jumped 41.5% to RM117.25 million.

Hektar Real Estate Investment Trust (Hektar REIT) is seeking unitholders’ approval to acquire KYS College Sdn Bhd’s (KCSB) leasehold interest in part of a freehold site in Setapak, Kuala Lumpur, together with existing school buildings and a new building to be constructed, for RM125 million.

Mycron Steel Bhd is seeking approval from its non-interested shareholders for its proposed RM30 million acquisition of a leasehold industrial property in Shah Alam from its major shareholder, Melewar Industrial Group Bhd (MIGB).

Eastern & Oriental Bhd (E&O) posted a 27.9% year-on-year increase in net profit attributable to owners of the parent to RM58.11 million for the first quarter ended June 30, 2026 (1QFY2027), from RM45.42 million a year earlier, on higher revenue recognition from its property development projects.

There is a reason why it is called a convenience store. Its ubiquitous presence with the big red and white signboard around condos, offices, transportation hubs, hospitals, commercial streets and retail centres makes it so — well, convenient — to just grab a sandwich, chocolate bar, coffee, aspirin, a reload pin, or anything else you may need quick and fast.

Driven by a rising tech-centric and socially-conscious global business environment, Malaysia’s office market has embraced a new generation of developments built around sustainability, technology and employee experience. Yet, as the market moves forward, older buildings are increasingly being left behind.

Vestland Bhd’s net profit rose 11.8% to RM11.95 million for the second quarter ended June 30, 2026 (2QFY2026), from RM10.68 million a year earlier, as the construction group recorded higher revenue from its design-and-build segment.

SkyWorld Development Bhd’s net profit attributable to shareholders rose 84.3% to RM5.26 million for the first quarter ended June 30, 2026 (1QFY2027), from RM2.85 million a year earlier, as the property developer recorded higher progressive revenue recognition from its ongoing projects.

Inta Bina Group Bhd’s net profit attributable to shareholders rose 7.2% to RM10.36 million for the second quarter ended June 30, 2026 (2QFY2026), from RM9.66 million a year earlier, despite lower revenue.