Property firm Crescendo Corp Bhd (KL:CRESNDO) flagged higher operating costs from the minimum wage adjustments, subsidy rationalisation for fuel and electricity, as well as the expanded scope of the sales and service tax (SST), after posting a steep 97.5% year-on-year decline in its first-quarter net profit.

Yong Tai Bhd (KL:YONGTAI) is acquiring Sabah-based property developer Sumberjaya Builders Sdn Bhd for RM15 million, as it aims to tap into development opportunities in Lahad Datu and Tawau.

Eco World Development Group Bhd (KL:ECOWLD) said it is well on track to exceed its RM3.5 billion sales target for the financial year ending Oct 31, 2025 (FY2025), after posting record-high earnings in its latest quarterly result.

I-Bhd (KL:IBHD) has committed RM10 million for intelligent infrastructure pilots across i-City, signalling a deeper push into smart city development as the group continues its strategic shift towards a tech-enabled urban platform.

Mulpha International Bhd (KL:MULPHA) will get A$339.3 million (RM933.7 million) from its 15.2% stake in Australian retirement operator Aveo Group, which it had to sell under a tag-along arrangement.

Mah Sing Group Bhd (KL:MAHSING) has officially launched M Legasi, Mah Sing’s largest freehold township in the Klang Valley.

TRX City Sdn Bhd, the master developer of the 70-acre Tun Razak Exchange (TRX), held a groundbreaking ceremony on Thursday to mark the construction of a new office tower in TRX.

Looking for a new home or investment property? PropNex Realty is opening the doors to several listings across the Klang Valley this weekend.

Berjaya Assets Bhd’s wholly owned unit Sapphire Transform Sdn Bhd, is selling three commercial units at Berjaya Times Square in Kuala Lumpur to STM Lottery Sdn Bhd for RM24.9 million.

Sunway Property, the property arm of Sunway Bhd (KL:SUNWAY), through joint-venture subsidiary Sunway Rawang City Sdn Bhd, has entered into a sale and purchase agreement to acquire approximately 99.6 acres of freehold land in Kuang, Selangor, for RM65.1 million.