The National House Buyers Association (HBA) has come out in support of Prime Minister Datuk Seri Anwar Ibrahim’s plan to review conditions set for housing developers to ensure that they provide affordable housing for all mega projects developed.

Real Estate and Housing Developers’ Association (Rehda) Malaysia is of the view that to make housing “more affordable for all rakyat, the government should be fully responsible for the delivery of affordable housing, as it was over 50 years ago, and as it is in many countries worldwide”.

Top Builders Capital Bhd, which has yet to submit its financial reports for the quarters ended Sept 30, 2022, and Dec 31, 2022 and March 31, 2023, plans to release its outstanding quarterly reports in the first week of June.

Kimlun Corp Bhd has bagged a contract worth RM237.63 million from Melati Ehsan Holdings Bhd to undertake main building works for two blocks of serviced apartments in Selangor.

KL Wellness City Sdn Bhd has officially launched KL Wellness City (KLWC), the first purpose-built, fully integrated healthcare and wellness development, on Thursday (June 1) at the KLWC Gallery in Bukit Jalil, Kuala Lumpur.

NCT Alliance Bhd posted a net profit of RM7 million for its first quarter ended March 31, 2023.

Kumpulan Kitacon Bhd via its wholly-owned subsidiary Kitacon Sdn Bhd has accepted a letter of award (LOA) for main buildings and associated works from Boustead Balau Sdn Bhd, a subsidiary of Boustead Holdings Bhd.

Trading suspension of Top Builders Capital Bhd will continue until further notice, as the group failed to file its quarterly report for the financial period ended March 31, 2023, with Bursa Securities by the May 31 deadline.

Ekovest Bhd’s net loss doubled to RM15.86 million in the third quarter ended March 31, 2023 (3QFY2023) from RM7.96 million a year ago, despite improved revenue, as interest expenses rose while it booked a deferred tax expense of RM38.72 milion.

YNH Property Bhd independent and non-executive directors Ching Nye Mi @ Chieng Ngie Chay, 75, and Ding Ming Hea, 59, have resigned from the property developer’s board, effective May 31.