NLC Reform Could Unlock Waqf Land Worth Billions For Housing – Idzham

JOHOR BAHRU, Sept 14 (Bernama) – Billions of ringgit worth of underutilised waqf land in Malaysia could be tapped for affordable housing if a clear legal framework is established to facilitate long-term development without transferring ownership of the land, according to real estate practitioner Datuk Idzham Mohd Hashim.

Analysts Lift Gamuda Earnings Forecasts On Stronger Job Wins

KUALA LUMPUR, Sept 7 (Bernama) -- Public Investment Bank Bhd (PIVB) has raised Gamuda Bhd’s financial year 2026 (FY2026) order book replenishment assumption to RM30 billion and lifted their FYs 2027-2028 earnings forecasts by an average of 5.3 per cent.

AmanahRaya Appoints Mohd Iskandar Dzulkarnain As Group Managing Director

KUALA LUMPUR, Sept 1 (Bernama) -- Amanah Raya Bhd has appointed Datuk Mohd Iskandar Dzulkarnain Ramli as its group managing director, effective today.

LSH Infra-Pertama Makmur JV Awarded Bandar Malaysia-Seri Kembangan Elevated Highway Project

By Nurul Hanis Izmir

PUTRAJAYA, Aug 28 (Bernama) -- LSH Infra Sdn Bhd and Pertama Makmur Sdn Bhd Joint Venture has been awarded the proposed development of the Bandar Malaysia-Seri Kembangan Elevated Highway (BSE), a strategic infrastructure project aimed at strengthening connectivity and easing traffic congestion in Greater Kuala Lumpur.

Sunway 2Q Net Profit Rises To RM318.59 Mln On Stronger Operations

KUALA LUMPUR, Aug 27 (Bernama) -- Sunway Bhd’s net profit for the second quarter of 2026 (2Q 2026) ended June 30, 2026 rose to RM318.59 million from RM272.95 million in the same quarter last year mainly due to stronger operating performance across most of the business segments except for construction, trading and manufacturing segments.

IOI Proeprties Posts Higher FY2026 Net Profit Of RM2.15 Bln

KUALA LUMPUR, Aug 27 (Bernama) -- IOI Properties Bhd’s net profit for the financial year ended June 30, 2026 (FY2026) rose to RM2.15 billion from RM1.06 billion last year, while revenue grew 45 per cent to RM4.44 billion from FY2025’s RM3.06 billion.

IOI Properties Posts Higher FY2026 Net Profit Of RM2.15 Bln

KUALA LUMPUR, Aug 27 (Bernama) -- IOI Properties Bhd’s net profit for the financial year ended June 30, 2026 (FY2026) rose to RM2.15 billion from RM1.06 billion last year, while revenue grew 45 per cent to RM4.44 billion from FY2025’s RM3.06 billion.

IJM's 1Q FY2027 Net Profit Rises To RM137.39 Mln, Driven By Construction, Manufacturing And Quarrying

KUALA LUMPUR, Aug 26 (Bernama) -- IJM Corporation Bhd’s (IJM Corp) net profit for the first quarter ended June 30, 2026 (1Q FY2027) rose to RM137.39 million from RM95.60 million registered in the same period last year, driven by the construstion and manufacturing and quarrying divisions.

Kuala Lumpur Kepong Shares Down 0.45 Pct In Early Trade

KUALA LUMPUR, Aug 26 (Bernama) -- Kuala Lumpur Kepong Bhd’s (KLK) share price slid 0.45 per cent in early trade today, following a recent third-quarter (3Q FY2026) net loss for the current financial year.

Sime Darby Property 1H 2026 AUM Reaches RM5 Bln

KUALA LUMPUR, Aug 24 (Bernama) -- Sime Darby Property Bhd’s assets under management (AUM) have grown to RM5 billion in the first half of 2026 (1H 2026) as the property developer continues to scale its recurring income portfolio while maintaining a resilient balance sheet.

Sime Darby Property's 2Q Net Profit Rises To RM322.03 Mln

KUALA LUMPUR, Aug 24 (Bernama) -- Sime Darby Property Bhd’s net profit rose to RM322.03 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM143.54 million in the same quarter a year ago.

Batu Kawan Posts RM653.16 Mln Net Loss In 3Q On RM1.62 Bln Impairment

KUALA LUMPUR, Aug 24 (Bernama) --Batu Kawan Bhd reported a net loss of RM653.16 million in the third quarter (3Q) of 2026, which ended on June 30, 2026, compared to a net profit of RM182.92 million from the same period a year earlier.