News by EDGEPROP.MY

S P Setia Bhd reported a net profit of RM99.8 million for the second quarter ended June 30, 2025 (2QFY2025).

Property developer Radium Development Bhd recorded higher earnings for the second quarter ended June 30, 2025 (2QFY2025), supported by contributions from its three ongoing projects—Suite Canselor, Residensi Desa Timur and Radium Arena.

Worker dormitories are increasingly viewed not only as regulated housing solutions but also as emerging investment assets, with a shift in focus towards community well-being, sustainability, and long-term viability.

Manufacturer of tissue-related products KPS Consortium Bhd  entered into an agreement to acquire a parcel of leasehold industrial land measuring 16,363 sq m in Klang, Selangor, from Pelangi Technowood Sdn Bhd for a cash consideration of RM30 million.

Malaysia is targeting a 40% national recycling rate, urging communities to go beyond Reduce, Reuse, Recycle by adding a fourth “R”: Rethink—promoting conscious consumption for a sustainable, responsible future.

Noteworthy:

• Freehold
• Built-up size: 4,000 sq ft
• 4 bedrooms, 4 bathrooms
• Semi-furnished
• Nearby amenities: IKEA, The Curve, IGB International School, ELC International School, Sungai Buloh Hospital, Sierramas Community Club
• Accessibility: NKVE, LDP, MRR2, Jalan Sierramas Utama

When: February 2025

Southern Score Builders Bhd, formerly known as G Neptune Bhd, announced that its 51%-owned subsidiary SJEE Engineering Sdn Bhd has received a RM19.31 million subcontract from Sunway Construction Group Bhd’s Sunway Construction Sdn Bhd.

Malton Bhd held its first topping-out ceremony of the year, marking the structural completion of River Park Bangsar South.

Milestones Group, a property developer and design-and-build contracting business, has officially launched LINX Avenue at Kapar, Klang on Aug 15.

S P Setia Bhd will once again celebrate Merdeka Day and Malaysia Day with its fifth instalment of Setia4Malaysia Unity Run, kicking off the 2025 event on Sept 7 at Setia Fontaines in Penang.