News by theedgemalaysia.com

The inaugural Malaysia Architecture Weeks 2025 (MAW 2025), a self-funded effort by a group of 34 local architects and designers, was launched on Friday.

KLCCP Stapled Group (KL:KLCC) saw its net profit rise 7.2% in the first quarter from a year earlier, reflecting gains from the acquisition of the remaining 40% stake in Suria KLCC Sdn Bhd.

Property developer Paramount Corp Bhd's (KL:PARAMON) net profit surged 87.2% to RM14.4 million in the first quarter ended March 31, 2025 (1QFY2025) from RM7.71 million a year earlier, primarily driven by the improvement in the property segment.

SkyWorld Development Bhd (KL:SKYWLD) reported a 20% drop in net profit to RM16.4 million for the fourth quarter ended March 31, 2025 (4QFY2025), mainly due to lower revenue from two completed projects—EdgeWood Residences and SkyVogue Residences.

TA Global Bhd held a groundbreaking ceremony on Friday to mark the start of superstructure construction for its CloutHaus project in Kuala Lumpur City Centre (KLCC).

Sunway PKNS Sdn Bhd has celebrated the topping-off of both 45-storey towers at Sunway d’hill Residences, with grocer Mercato confirmed as anchor tenant for the development’s retail component.

Advancecon Holdings Bhd’s (KL:ADVCON) unit Advancecon Infra Sdn Bhd (AISB) has secured a RM68.5 million job from Sime Darby Property (Lagong) Sdn Bhd, to carry out earthworks and related works for Stage 1 (Package 2) at Lagong Mas in Gombak, Selangor.

Plantation company Kuala Lumpur Kepong Bhd (KL:KLK) reported a 31.8% increase in net profit to RM154.27 million for its second financial quarter ended March 31, 2025 (2QFY2025) from RM117.07 million a year earlier, on improved plantation profit.

Symphony Life Bhd (KL:SYMLIFE) has proposed to raise up to RM23.53 million via a private placement of 10% of its enlarged share base to fund a joint development project.

YTL Corp Bhd (KL:YTL) on Thursday posted a 15.5% year-on-year drop in quarterly net profit, dragged by YTL Power International Bhd's (KL:YTLPOWR) weaker results, offset by a strong showing from Malayan Cement Bhd (KL:MCEMENT).