News by M

Driven by a rising tech-centric and socially-conscious global business environment, Malaysia’s office market has embraced a new generation of developments built around sustainability, technology and employee experience. Yet, as the market moves forward, older buildings are increasingly being left behind.

Engineering and construction group Ahmad Zaki Resources Bhd (KL:AZRB) has been hit with another winding-up petition, this time over RM407,753 in alleged unpaid bills for goods and materials supplied.

Engineering and construction group Ahmad Zaki Resources Bhd (KL:AZRB) has been hit with another winding-up petition, this time over RM407,753 in alleged unpaid bills for goods and materials supplied.

Vestland Bhd’s net profit rose 11.8% to RM11.95 million for the second quarter ended June 30, 2026 (2QFY2026), from RM10.68 million a year earlier, as the construction group recorded higher revenue from its design-and-build segment.

SkyWorld Development Bhd’s net profit attributable to shareholders rose 84.3% to RM5.26 million for the first quarter ended June 30, 2026 (1QFY2027), from RM2.85 million a year earlier, as the property developer recorded higher progressive revenue recognition from its ongoing projects.

Inta Bina Group Bhd’s net profit attributable to shareholders rose 7.2% to RM10.36 million for the second quarter ended June 30, 2026 (2QFY2026), from RM9.66 million a year earlier, despite lower revenue.

Construction and property development group FBG Holdings Bhd is seeking to cease its collaboration with Penang Development Corporation (PDC) for the proposed MediCity development in Batu Kawan, Penang.

Sunway Construction Group Bhd (SunCon) has secured work orders worth a combined RM1.044 billion from a US-headquartered multinational technology company for mechanical, electrical and plumbing (MEP) fit-out works for two projects.

The government on Friday challenged the valuation presented by Semantan Estate (1952) Sdn Bhd's valuer to the High Court, contending that his estimation for the 263.272-acre ‘Duta Enclave’ land compensation based on 1956 market rates was flawed.

Alpha Galaxy Group has signed a memorandum of understanding (MoU) with Billion Group for the proposed development of a B-Grocer supermarket at Galaxy Exchange, its 166-acre mixed-use development in Puncak Alam, Selangor.