News by M

Johor-based Astaka Holdings Ltd has announced plans to venture into the healthtech sector as it explores new future growth drivers for the group.

YTL Hospitality REIT's (KL:YTLREIT) manager Pintar Projek Sdn Bhd has proposed a placement of up to 90 million new units to raise an estimated RM99 million for repayment of borrowings.

YTL Corp Bhd (KL:YTL) net profit fell 21.01% in the six months ended December (1HFY2026), dragged by lower electricity sale prices and as its construction saw completion of a major contract.

UEM Sunrise Bhd recorded a 27% year-on-year increase in revenue to RM1.7 billion for the financial year ended Dec 31, 2025 (FY2025), from RM1.3 billion previously, supported primarily by property development revenue of RM1.2 billion.

Chin Hin Group Bhd's (KL:CHINHIN) net profit rose 5.37% to RM37.99 million in the fourth quarter from RM36.05 million a year earlier, supported by a turnaround in its property development division.

Berjaya Property Bhd, formerly Berjaya Land Bhd, is repositioning itself towards the ultra-luxury segment, underpinned by confirmed take-up rates at its premium domestic projects and a US$1.12 billion (RM4.35 billion) hospitality development in Japan.

IJM Land Bhd has launched Sutera Phase 2 at S2 Heights Aman with a gross development value (GDV) of RM92 million, introducing 104 units of 22ft by 65ft two-storey link homes with built-ups starting from 1,949 sq ft.

Kerjaya Prospek Group Bhd (KL:KERJAYA) is exploring new industrial park opportunities as it looks to expand beyond its proposed joint venture in Penang a unit of the Retirement Fund Inc (KWAP), said executive chairman and major shareholder Datuk Seri Tee Eng Ho.

Kerjaya Prospek Group Bhd's (KL:KERJAYA) net profit rose 53.36% in the four quarter ended Dec 31, 2025 (4QFY2025), as all segments improved led by its mainstay construction segment.

Heng Guan Development has secured five anchor tenants for its upcoming Aera Business Centre in Sungai Petani North, strengthening the commercial foundation of its flagship Aera Township.