Construction player and property developer Vizione Holdings Bhd (KL:VIZIONE) slipped into the red with a net loss of RM79.68 million for the second quarter ended Nov 30, 2024 (2QFY2025), reversing from a net profit of RM213,000 a year ago.
MIDF Research has raised concern over the sharp selloff in Malaysian construction stocks, suggesting that market reaction may be overdone.
Lebtech Bhd (KL:LEBTECH) has secured a RM21 million contract to develop 104 units of two-storey terraced houses in Seksyen U13, Shah Alam.
S P Setia Bhd will be ushering in the Year of the Snake with its Setia Chinese New Year (CNY) 2025 campaign with plenty of fun-filled activities and offers.
The Eco World Foundation donated a haemodialysis machine worth RM52,000 to the St John Ambulance Malaysia-Kawasan Pantai Selangor Foundation (SJAM-KPS) on Friday (Jan 24).
Loss-making construction company Ecobuilt Holdings Bhd (KL:ECOHLDS) has proposed a share capital reduction to wipe out its accumulated losses, as well as a rights issue to raise fresh capital.
Taghill Holdings Bhd (KL:TAGHILL) said it is not proceeding with a RM38.88 million contract to build a 15-storey columbarium in the city centre due to escalating material costs.
Noteworthy:
When: August 2024
TH Plantations Bhd’s (KL:THPLANT) said its 60%-owned unit TH Pelita Simunjan Sdn Bhd is being sued for RM230.25 million for allegedly trespassing on native land.
Noteworthy:
When: December 2024
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