2025

Yong Tai buys Sabah property developer for RM15m John Lai / theedgemalaysia.com June 27, 2025 | Updated 11 hours ago Yong Tai stated that the preliminary feasibility study estimates that the Lahad Datu project and Tawau project will generate development profits of about RM10.80 million and RM29.78 million, respectively. KUALA LUMPUR (June 26): Yong Tai Bhd (KL:YONGTAI)...

Crescendo flags higher costs after sharp 1Q profit drop on absence of land sale Syafiqah Salim / theedgemalaysia.com June 27, 2025 | Updated 11 hours ago For the three months ended April 30, 2025 (1QFY2026), Crescendo posted a net profit of RM7.11 million—down from RM281.6 million a year earlier, which was its highest quarterly profit since its listing in 1997. Revenue...

Urban Renewal Act drafted after record 101 engagement sessions—Nga Bernama June 27, 2025 | Updated 11 hours ago (Photo from KPKT Malaysia Facebook) Housing and Local Government (KPKT) Minister Nga Kor Ming: "No ministry has ever conducted 101 engagement sessions. We uphold the principle of leaving no one behind. We involve all parties because we do not want our cities to...

Gamuda reports 5% profit rise on stronger domestic construction activity, plans 5 sen dividend Justin Lim / theedgemalaysia.com June 27, 2025 | Updated 10 hours ago The group's domestic operations have gained significant momentum, with orders now contributing 41% of the overall RM35 billion construction order book, up from 28% last year. KUALA LUMPUR (June 26): Gamuda...

Rapid KL On-Demand service expands to four new zones, including city centre Bernama June 27, 2025 | Updated 7 hours ago Rapid Bus:“One of the main zones introduced is the CBD zone, covering the Golden Triangle area, namely Jalan Imbi, Jalan Sultan Ismail and Jalan Raja Chulan, which will be served by nine vans.” KUALA LUMPUR (June 27): Rapid Bus Sdn Bhd (Rapid Bus)...

Abandoned housing: Rehda’s solutions missing the forest for the trees Datuk Chang Kim Loong / National House Buyers Association June 27, 2025 | Updated 4 hours ago Food, clothing, and shelter are basic human needs. For the average Malaysian, we have repeatedly said, owning a home is not just a dream but the largest financial commitment of a lifetime. It is precisely...

Mediation centre sets further session in Chow-Ramasamy defamation row over Batu Kawan deal Ramasamy initiated defamation proceedings against Chow on July 18 last year, over a statement published on Chow’s official Facebook page on Oct 3, 2023, which Ramasamy alleges gravely damaged his reputation. GEORGE TOWN (June 25): The Penang Court Mediation Centre has fixed July 2...

Hock Seng Lee set to develop master-planned project near Kuching International Airport Neat Plan director Yu Ji (second from right) with some of the shortlisted winners and judging panel of the AIR Architecture Competition. (Photo courtesy of Hock Seng Lee) HSL is set to build based on one of the shortlisted schemes depending on feasibility, similar to the architectural...

Sunway buys 99.6 acres in Kuang for RM65m to expand industrial park Located within the Mukim of Rawang in the Gombak district, the site is accessible via the LATAR Expressway and is near the Kuang Industrial Area and Rawang Industrial Park. KUALA LUMPUR (June 26): Sunway Property, the property arm of Sunway Bhd (KL:SUNWAY), through joint-venture subsidiary Sunway Rawang City...

Berjaya Assets to sell Times Square units for RM24.9 mil to Sports Toto unit The deal involves three separate sale and purchase agreements signed on June 25. The units, which are located on the ground floor of the Times Square complex, span a total of 1,637 sq ft and are currently tenanted. PETALING JAYA (June 26): Berjaya Assets Bhd’s wholly owned unit Sapphire Transform Sdn...