Titijaya Land Bhd (KL:TITJAYA), via its wholly-owned subsidiary, Titijaya Development (Pulau Pinang) Sdn Bhd, has signed a joint venture agreement with Mines Heights Development Sdn Bhd to develop a 3-acre parcel of land in Taman Connaught, Cheras, into a transit-oriented development (TOD).
Noteworthy:
When: February 2025
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.
Engineering and construction outfit George Kent (Malaysia) Bhd (KL:GKENT) slipped into the red in the first financial quarter ended June 30, 2025 (1QFY2026), with a net loss of RM8.10 million compared with a net profit of RM236,000 a year ago.
A thorough cost-benefit analysis is needed to determine if Terengganu's Tasik Kenyir can become a data centre and artificial intelligence hub, as proposed by a lawmaker from the state, according to the Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
Telecommunications services provider Silver Ridge Holdings Bhd’s (KL:SRIDGE) plan to build six data centres in Cyberjaya has collapsed after its joint venture partner, Selangor Industrial Corporation Sdn Bhd (SIC), a Perbadanan Kemajuan Negeri Selangor (PKNS) unit, withdrew from the deal.
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.
Star Media Group Bhd (KL:STAR) slipped into the red with a net loss of RM231,000 for the second quarter ended June 30, 2025 (2QFY2025), against a net profit of RM7.49 million a year earlier.
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