Urban Renewal Bill 2025 tabled in Parliament for first reading
Housing and Local Government Minister Nga Kor Ming tabled the bill, with its second and third readings scheduled for next Wednesday (Aug 27).
Matrix Concepts’ 1Q net profit up 3.7% on higher property sales, lower marketing costs
Quarterly revenue inched up 1.
Hextar Technologies terminates RM31m Nilai land disposal to Widad, plans reassessment of terms
According to the group, the termination was prompted by recent economic conditions, which led both companies to re-evaluate the proposed transaction and re-examine the parcels of land identified for disposal.
S P Setia collaborates with Taiwan’s Ally Logistic Property to develop smart warehouse campus in Klang
The development will feature two smart warehouses equipped with AS/RS systems, one for advanced cold chain logistics and the other for high-efficiency ambient storage, providing approximately 1.
Cahya Mata slides to two-month low after missing earnings estimates
Net profit for the first six months only accounted for just one-third of the consensus full-year estimates, though analysts say Cahya Mata could still catch up in the coming months as construction activities pick up with drier weather that will boost demand for its cement and aggregates.
KTI Landmark to build RM107m cultural complex in exchange for 65-acre land in Sabah
KTISB will pay for the complex construction and, in return get the 65 acres as payment.
Parkson unit signs 20-year lease in China’s Sichuan province
The space will be used for commercial operations and under International Financial Reporting standards, with the tenancy agreement treated as the acquisition of a right-of-use assets, which Parkson booked at about 14.
Paramount cuts sales target to RM1.2b amid market headwinds
The group declared an interim dividend of three sen per share, to be paid on Sept 18.
Times Square owner Berjaya Assets shrinks 4Q loss with accounting gains
Revenue for the quarter rose 3.
MB World launches RM2b heavy industrial township in Forest City SFZ
MBW Innexus is located 6km from Tanjung Langsat Port and 14km from Johor Port, with access to Senai International Airport and Singapore’s Changi Airport.
