News by M

For the quarter ended Oct 31, 2025 (3QFY2026), the group's net profit fell to RM70.3 million or 8.35 sen per share, compared to RM101.3 million, or 12.08 sen per share, in the previous year.

Positioned as an urban sanctuary for families and business travellers in Petaling Jaya established commercial district, the hotel is located along the SPRINT highway and in close proximity to the Phileo Damansara MRT station. 

Izwan Hasli will steer the next chapter of the Merdeka 118 precinct with a clear focus on 118 Mall, The View at 118 observation deck, the Merdeka Textile Museum and other upcoming components, PNB Merdeka Ventures said in a statement on Monday.

Selangor’s 30% local content rule, after Johor’s tighter rules, will result in fewer but bigger and more valuable data centre projects, said BIMB Securities Research.

TRC Synergy Bhd (KL:TRC) has secured a RM550.8 million contract from SRS Consortium Sdn Bhd for works related to the Penang Light Rail Transit (LRT) Mutiara Line project.

Pelaburan Hartanah Bhd (PHB), a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), has appointed Mazuki Abdullah @ Muhammad as its new group managing director, effective Jan 1, 2026.

Sapura Industrial Bhd (KL:SAPIND) announced it is selling its 35,332-square-metre freehold land in Seremban, Negeri Sembilan for RM24.72 million cash to fund general working capital needs.

Malaysia’s home ownership is on the climb, with the figure seeing a moderate pick up last year compared to two years ago.

Tanco Holdings Bhd (KL:TANCO) said it has entered into a joint-venture deal with a China-backed construction firm to jointly bid for logistics warehouse and mega-storage construction projects.

Automotive solutions provider EP Manufacturing Bhd (KL:EPMB) has scrapped plans to jointly develop a commercial project in Kota Kinabalu, Sabah, following the winding up of the project’s turnkey contractor Bina Puri Properties Sdn Bhd (BPPSB), a wholly owned subsidiary of Bina Puri Holdings Bhd (KL:BPURI).