UEM Sunrise 2Q net profit edges up 6% on stronger property sales as revenue surges 116%; Eric Chan appointed independent non-executive director
Eric Chan brings over 25 years of experience in the property development sector.
NCT Alliance's major shareholders to inject industrial park developer for RM490 mil in shares, RCPS
The property developer inked a conditional share sale agreement with the Yap brothers, executive chairman and managing director Datuk Seri Yap Ngan Choy and executive director Datuk Yap Fook Choy, to acquire the entire equity interest in NCT World Sdn Bhd.
Binastra Corp bags RM132m piling job in Johor Bahru
Binastra said its wholly owned subsidiary Binastra Builders Sdn Bhd has accepted the letter of award for the piling works from Exsim on the Causewayz Square @ JBCC development, comprising 4,525 units across four residential towers.
PN17 Ivory Properties faces suspension, de-listing after Bursa rejects extension request
As a result, trading in Ivory’s securities will be suspended effective Aug 29, and the company will be de-listed on Sept 3, unless an appeal is submitted.
The rise of Subang Jaya City Centre: From township to modern metropolis
“High-rises are producing rental yields in the 4.
Lawmakers ask to delay second reading of Urban Renewal Bill for further review
The Members of Parliament have called for the Bill to be referred to two committees—Infrastructure, Transportation and Communications, and Women, Children and Community Development—and for a full social impact study to be commissioned.
MRT Corp defends LRT Mutiara Line’s increased RM16.8 bil budget on inflation and land costs; denies cost overruns
It dismissed claims that the revised ceiling does not reflect “uncontrolled cost escalation” but adjustments to market realities since the project was first mooted nearly a decade ago.
Ivory Properties says group CEO cooperating with MBI investigations
Ivory Properties has been in Practice Note 17 (PN17) status since 2022 after its auditor flagged its ability to continue as a going concern.
Sime Darby Property posts RM143.5m net profit in 2Q, declares 1.5 sen dividend
Sime Darby Property said its property development segment continued to be the main revenue contributor, accounting for 93.
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).
