News by M

FIABCI-Malaysia has pledged full support for the federal government’s Urban Renewal Bill 2025 while urging the authorities to provide clear regulations, implementation guidelines and approved timelines to ensure effective execution.

The outlook for Malaysia’s industrial sector next year remains stable, supported by a steady pipeline of enquiries, though a slower momentum is expected compared to the past two years.

Kerjaya Prospek Group Bhd (KL:KERJAYA) on Wednesday reported a 24% rise in third-quarter net profit, as revenue improved on increased progress of construction work activities.

Tropicana Corp Bhd announced its unaudited financial results for the financial period ended Sept 30, 2025 today.

Sunway Bhd registered revenue of RM2.6 billion, representing an increase of 26.4% compared to RM2.0 billion in the corresponding quarter in the previous year.

IGB Bhd’s (KL:IGBB) net profit for the third quarter climbed 32.3% to RM97.48 million from RM73.69 million a year ago, driven by stronger contributions from its retail, commercial, hotel and property development divisions.

Chin Hin Group Property Bhd (KL:CHGP) said it is buying 25.9 acres of land just outside Kuala Lumpur for RM91 million in cash to develop a housing project with an estimated gross development value (GDV) of RM560 million.

Kuala Lumpur Kepong Bhd (KL:KLK) saw its fourth-quarter net profit soar 14-fold, boosted by stronger plantation and property results, despite notching RM123.7 million in non-cash losses from its UK chemicals investment, Synthomer plc, including a RM60 million impairment.

S P Setia Bhd is preparing for the launch of its latest premium residential phase, Casa D'Arcadia, within the arts-inspired township of Setia AlamImpian.

UOA Development Bhd (KL:UOADEV) more than doubled its earnings in the third quarter thanks to a surge in progress billings while expenses remained largely steady.