The lands are in Titiwangsa, close to major highways and amenities, and will be combined for a serviced apartment project with about 240 units, estimated at RM130 million GDV. PETALING JAYA (June 3): Lim Seong Hai Capital Bhd ((LSH Capital)’s subsidiary, Lim Seong Hai Development Sdn Bhd, has bought three land parcels in Kuala Lumpur…
Read MoreMinority shareholders seek court order to access records for Kumpulan Jetson EGM to remove board According to a filing with Bursa Malaysia, the shareholders, who claim to collectively own 10.68% of the company, want access to the shareholder list as of May 19. They have asked the High Court to allow the EGM to be…
Read MoreM-NIAGA Kota Tinggi in Johor comprises 11 units. PR1MA empowers entrepreneurs with affordable commercial spaces Established in 2012, PR1MA Corporation Malaysia (PR1MA) has continuously set the benchmark in providing high-quality, affordable homes tailored to the needs of Malaysians. Through a holistic development approach, PR1MA fosters sustainable communities that extend beyond residential living. To further enhance…
Read MoreAn aerial view of Bandar Dato’ Onn which is infused with wellness-first philosophy. Creating future-ready townships across Johor As Malaysia positions itself for a more sustainable and inclusive future, JLand Group is reshaping the landscape of Johor through visionary developments that integrate wellness, technology and environmental stewardship. From smart homes to high-tech industrial ecosystems, the…
Read MoreCheah (second from left) receiving his award from Housing and Local Government Minister Nga Kor Ming (second from right) as Star Media Group chairman Tan Sri Wong Foon Meng (right) and group chief executive officer Chan Seng Fatt (left) applaud. A tribute to Tan Sri Sir Jeffrey Cheah’s life-long achievements By Joseph Wong On a…
Read MoreKUALA LUMPUR (May 30): Avaland Bhd (KL:AVALAND) reported a 4.7% drop in net profit for the first quarter ended March 31, 2025 (1QFY2025), mainly due to lower earnings from completed projects like Aetas Damansara and Alira Subang. It saw a net profit of RM20.2 million for the quarter under review, compared with RM21.2 million for…
Read MoreChief Secretary to the Government Tan Sri Shamsul Azri Abu Bakar said the project is on a solid track for completion in December 2026, with full operations expected to begin on Jan 1, 2027. KUALA LUMPUR (May 29): The commitment of China Communications Construction Company Ltd (CCCC) in completing the East Coast Rail Link (ECRL)…
Read MoreFor the nine-month period ending March 31, 2025, Berjaya Land widened its net loss to RM87.35 million from RM10.29 million in the previous corresponding period. KUALA LUMPUR (May 28): Berjaya Land Bhd (KL:BJLAND) swung to a quarterly net loss of RM56.19 million for its third quarter ended March 31, 2025 (3QFY2025), from a net profit…
Read MoreThe group recorded a net profit of RM73.95 million for the quarter, up from RM49.70 million in the corresponding period last year. Earnings per share stood at 2.82 sen, up from two sen previously. KUALA LUMPUR (May 28): Property developer UOA Development Bhd (KL:UOADEV) reported a 48.79% increase in net profit for the first quarter…
Read MoreKerjaya Prospek declared a first interim dividend of three sen per share, amounting to RM37.8 million, payable on June 30. KUALA LUMPUR (May 28): Kerjaya Prospek Group Bhd (KL:KERJAYA) posted a 37% rise in net profit for the first quarter (1Q), supported by higher revenue from improved progress in construction activities. Net profit for the…
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