News by M

7-Eleven Malaysia Holdings Bhd (SEM) has completed its RM19 million acquisition of a parcel of freehold agricultural land in Seri Kembangan, Selangor, intended for the development of a food commissary.

LBS Bina Group Bhd’s net profit attributable to shareholders fell 44.4% year-on-year to RM15.05 million for the second quarter ended June 30, 2026 (2QFY2026), from RM27.08 million, despite higher revenue.

Crest Builder Holdings Bhd’s revenue for the second quarter ended June 30, 2026 (2QFY2026) rose 84% year-on-year to RM259.19 million from RM141.06 million, mainly on higher construction progress recognised for its ongoing projects.

YTL Corp Bhd’s property investment and development revenue rose 43% year-on-year to RM135.45 million in the fourth quarter ended June 30, 2026 (4QFY2026), supported by higher contributions from projects in Ipoh and Selangor, a land sale and its Brabazon project in the UK.

Penang hopes that its proposal to establish the Penang International Financial Centre (PIFC) will receive the federal government’s approval through Budget 2027, said Chief Minister Chow Kon Yeow.

IJM Corp Bhd (KL:IJM) has raised RM385.1 million from the resale of 142.4 million treasury shares via Bursa Malaysia's automated trading system at between RM2.72 and RM2.74 per share.

Hektar Real Estate Investment Trust’s (Hektar REIT) net property income (NPI) rose 9.5% year-on-year to RM17.36 million in the second quarter ended June 30, 2026 (2QFY2026), as lower property operating expenses lifted its NPI margin.

TSiC Bhd has completed its RM1.35 million acquisition of two industrial land parcels in Taman Perindustrian Bukit Rambai, Melaka, from three of its directors.

Sime Darby Property Bhd and Pertubuhan Akitek Malaysia (PAM) have opened registration for the Concept Home 2035 (CH2035) Competition, which seeks residential design proposals for a proposed 171.93-acre site at Elmina Hills in the City of Elmina township, Selangor.

NCT Group of Companies, RHB Bank Bhd and Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) have concluded a two-part seminar series on financing facilities and government guarantee schemes available to small and medium enterprises (SMEs).