John Lai

1 week ago | edgeprop.my | John Lai

Slated for listing on the Main Market on June 10, the IPO does not involve issuance of new units, meaning that the trust itself will not receive any proceeds. KUALA LUMPUR (May 28): Paradigm Real Estate Investment Trust (KL:PARADIGM) on Thursday set the final price for its initial share sale at RM1 apiece as previously indicated amid subdued demand from some investors.

1 week ago | edgeprop.my | John Lai

Quarterly revenue in 4QFY2025 nearly doubled to RM236.65 million from RM121.33 million, primarily driven by the disposal of a property in the UK. KUALA LUMPUR (May 28): Eastern & Oriental Bhd (KL:E&O) nearly doubled its net profit for the fourth quarter ended March 31, 2025 (4QFY2025), on profits from its joint ventures, a tax gain and lower finance costs. Net profit for the quarter was RM69.85 million compared with RM36.48 million in the previous year.

1 week ago | edgeprop.my | John Lai

The contract is for a duration of 24 months from the site possession date, which is expected to be at the end of June. KUALA LUMPUR (May 23): Builder Mitrajaya Holdings Bhd's (KL:MITRA) wholly owned subsidiary Pembinaan Mitrajaya Sdn Bhd has bagged a RM70 million contract to construct an eight-storey serviced apartment, which will be used as training centre and staff recreational facilities, in Langkawi, Kedah.

2 weeks ago | edgeprop.my | John Lai

Its property development business turned to loss in absence of a land sale profit last year, while its investment segment profit also shrank. KUALA LUMPUR (May 22): Cahya Mata Sarawak Bhd’s (KL:CMSB) net profit fell 33.8% to RM25.34 million in its first quarter ended March 31, 2025 (1QFY2025) compared to RM38.25 million a year ago, dragged by unfavourable foreign exchange (forex), and lower contribution from associates and joint ventures.

2 weeks ago | edgeprop.my | John Lai

The expansion at the southern tip of Gamuda Cove will allow the company to develop landed homes and commercial properties with a gross development value of RM2.2 billion, Gamuda said. KUALA LUMPUR (May 16): Gamuda Bhd (KL:GAMUDA) said on Friday it is buying three plots of land measuring 336 acres combined for RM248.7 million near its current project in Selangor.