News by M

Uni Wall APS Holdings Bhd (KL:UNIWALL) on Thursday entered into two separate agreements with Menteri Besar Kedah Inc-owned investment company Permodalan Kedah Bhd (PKB) to develop three university projects with a combined gross development value (GDV) of RM2.30 billion.

Kerjaya Prospek Property Bhd (KL:KPPROP) said it will redeem the outstanding 1.72 billion redeemable convertible preference shares (RCPS) issued in 2019 by the investment vehicle of its controlling shareholder Datuk Tee Eng Seng for RM292.07 million on Jan 9.

Eco World Development Group Bhd’s (KL:ECOWLD) largest shareholder and deputy chairman Datuk Leong Kok Wah has been redesignated as a non-independent non-executive director, effective immediately.

The construction of the Johor Bahru-Singapore Rapid Transit System (RTS) Link is progressing on schedule, with infrastructure works reaching 95% completion as of November, the Senate was told on Thursday.

Gamuda Bhd (KL:GAMUDA) reported that its net profit climbed 5.31% in the August-October quarter as revenue jumped on improved contributions from all segments. It also achieved a record high order book of RM30 billion.

GDB Holdings Bhd (KL:GDB), which specialises in high-rise construction projects, said it has bagged a RM298 million contract to build a  logistics warehouse in Bandar Bukit Raja 2, Klang.

KIP Real Estate Investment Trust (KIP REIT) has completed the RM320 million acquisition of D’Pulze Shopping Centre in Cyberjaya.

Paramount Corp Bhd (KL:PARAMON) is acquiring a 18,317 sq m leasehold land together with a residential development comprising 93 units of low-rise luxury condominium in Taman U-Thant, Kuala Lumpur for RM145 million cash.

Indeed, homes need to be safe, secure, comfortable, of quality and affordable in order to be defined as “humane”, or rather, fit for habitation by human beings. At the same time, “humane” may mean differently to people of different backgrounds, life experiences and economic situations.

Eco World Development Group Bhd (EcoWorld Malaysia) recorded profit after tax (PAT) for FY2024 (after taking into account Eco World International’s loss and a RM38 million impairment of investment in 4Q 2024) of RM303.5 million which is 60.3% higher than FY2023.