News by theedgemalaysia.com

LBS Bina Group Bhd (KL:LBS) said it recorded normalised profit after tax from continuing operations of RM44.73 million in the fourth quarter ended Dec 31, 2025 (4QFY2025) against a loss after tax of RM3.37 million in 4QFY2024, lifted by stronger contribution from its property development segment.

Sunway Bhd (KL:SUNWAY) on Wednesday (Feb 25) revised the cash component of its takeover offer for IJM Corp Bhd (KL:IJM) following the declaration of a two-sen dividend to Sunway shareholders.

UOA Development Bhd (KL:UOADEV) posted a 50.3% jump in fourth-quarter net profit, lifted by a sizeable revaluation surplus on its investment properties, despite weaker revenue from slower progress billings.

Malaysia has restricted new data centre investments that are not linked to artificial intelligence (AI), as concerns mount over the high water and electricity consumption associated with such facilities, Prime Minister Anwar Ibrahim told the Dewan Rakyat on Tuesday.

Cahya Mata Sarawak Bhd (KL:CSMB) reported a 70.3% drop in fourth-quarter net profit, due to the absence of RM48.41 million in foreign exchange (forex) gains, higher precommissioning costs for its phosphate plant and lower contributions from associates.

Transport Minister Anthony Loke has expressed disappointment over repeated breakdowns on the LRT Kelana Jaya Line, which has disrupted travel for thousands of Klang Valley commuters on Tuesday.

Sunway Construction Group Bhd (KL:SUNCON) rose to new record highs on Tuesday after the builder reported a set of results that exceeded market expectations.

Full-year earnings per share rose to 27.74 sen from 14.50 sen.

“The government is currently reviewing the proposal before presenting it to the Cabinet for a decision.”

Kerjaya Prospek Group Bhd (KL:KERJAYA) has received a RM502.27 million contract from Tanjung Pinang Development Sdn Bhd for the execution and completion of reclamation and dredging works for the Seri Tanjung Pinang (Phase 2B and 2C) Development (STP2) in Penang.