Paramount’s 3Q profit boosted by redemption of perpetual securities
Paramount Corp Bhd (KL:PARAMON) posted a 52.65% year-on-year (y-o-y) jump in net profit for 3QFY2025, driven by the redemption of the remaining outstanding perpetual securities.
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USJ 3, Selangor terrace house sold for RM700k | DONE DEAL
Noteworthy:
- Freehold
- Land size: 1,560 sq ft
- Built up size: 1,250 sq ft
- 4 bedrooms, 2 bathrooms
- Unfurnished
- Nearby amenities: Sunway Medical Centre, Sunway International School, Sunway Pyramid, Subang Parade, Subang Golf Country Club
- Accessibility: Kesas, NKVE, LDP, NPE
When: July 2025
Whole-of-nation approach key to building sustainable cities—Nga
A whole-of-nation approach supported by strong cross-sector collaboration is vital in building sustainable cities, said Housing and Local Government Minister Nga Kor Ming.
UOA REIT profit dips slightly in 3Q on higher maintenance costs
UOA Real Estate Investment Trust (KL:UOAREIT) posted a marginal 0.2% decline in net profit to RM10.45 million for the third quarter ended Sept 30, 2025 (3QFY2025), compared with RM10.48 million a year earlier, despite an 8.3% rise in gross rental income.
Transport Ministry studying feasibility of Trans Borneo Railway, findings expected by mid-2026
The Transport Ministry said it has commenced a feasibility study on the proposed Trans Borneo Railway project to assess the potential development of a rail network across Sabah and Sarawak.
IGB buys former Movie Animation Parks Studios site in Perak for RM43.65m
IGB Bhd (KL:IGBB) is acquiring the site of Perak’s shuttered theme park, Movie Animation Parks Studios (MAPS), for RM43.65 million to replenish its land bank.
ECRL works on MRR2 halted after temporary canopy collapses on passing car
Malaysia Rail Link (MRL) has halted East Coast Rail Link (ECRL) works near the Gombak Toll Plaza after a temporary steel canopy collapsed and hit a passing car on the Batu Caves–bound stretch of Jalan Lingkaran Tengah 2 (MRR2) on Tuesday.
NCT Group, Speedex sign MOU to deliver logistics services at NCT Smart Industrial Park
NCT Group of Companies, through its subsidiary NCT Land Sdn Bhd, has signed a memorandum of understanding (MOU) with Speedex Express Logistics (M) Sdn Bhd to provide integrated logistics solutions at the NCT Smart Industrial Park.
Malaysia's data centre boom to lower Industry 4.0 costs for SMEs, says Mida
Malaysia's growing investment in hyperscale and artificial intelligence (AI)-ready data centres will lower the barriers for small and medium enterprises (SMEs) to adopt Industry 4.0 technologies, said Malaysian Investment Development Authority (Mida) chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.
Penang LRT construction to begin in January as planned, continue through festive seasons—exco
Construction work on the Mutiara Line Light Rail Transit (LRT) project, scheduled to begin in January 2026, will proceed as planned, including during the Chinese New Year celebration in February and Aidilfitri in March.
