KUALA 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…
Read MoreKwasa Land partners Educ8 Group to build private education hub in Kwasa Damansara This follows the recent signing of a Sale and Purchase Agreement between Kwasa Land and ECM Kwasa Damansara Sdn Bhd, a subsidiary of Educ8, for the acquisition of the 11.6 acres of land in Kwasa Damansara. KUALA LUMPUR (May 27): Kwasa Land…
Read MoreKUALA LUMPUR (May 23): The government has added another 100 megawatts (MW) to the rooftop solar quota under the Net Energy Metering (NEM) Rakyat programme, two days after the existing 600MW quota was fully dished out. According to a statement on Friday, the Ministry of Energy Transition and Water Transformation (Petra) and industry regulator Energy…
Read MoreIJM Land chief executive officer Datuk Tony Ling: “The park has been thoughtfully designed with biodiversity-friendly landscaping featuring trees and pollinator gardens, incorporating over 30 plant species. These efforts not only elevate the park’s visual appeal but also support local ecosystems and encourage urban biodiversity.” KUALA LUMPUR (May 26): IJM Land and Amona officiated the…
Read MoreColonial periods introduced shophouses and bungalows, leading to the Straits Eclectic style, a unique fusion of local and foreign aesthetics. The evolution of home designs in Malaysia is a great example of the intricate interplay between history, culture and urban development. To understand how Malaysians came to live in the houses they do today, it…
Read MoreTopping-off milestone at Sunway d’hill Residences, grocer Mercato set to anchor retail component Sunway d’hill Residences, launched in 2022, has achieved a 70% take-up rate for its 976 apartment units. KUALA LUMPUR (May 23): Sunway PKNS Sdn Bhd has celebrated the topping-off of both 45-storey towers at Sunway d’hill Residences, with grocer Mercato confirmed as…
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