Eco World's Net Gearing To Stay Healthy Post-stake Acquisition In Paragon Pinnacle -- Investment Banks

KUALA LUMPUR, Feb 19 (Bernama) --  Eco World Development Group Bhd’s net gearing is expected to remain healthy after acquiring the remaining 40 per cent stake in Paragon Pinnacle Sdn Bhd from the  Employees Provident Fund’s unit Tanjung Wibawa Sdn Bhd for RM184.08 million, said two investment banks.

Singapore PM Tables National Budget, Focusing On Next Phase Of Growth

SINGAPORE, Feb 18 (Bernama) -- Singapore’s Prime Minister and Finance Minister, Lawrence Wong, has presented the republic’s financial year 2025 Budget Statement today, aimed at advancing the Forward Singapore agenda.

Eco World Shares Rise In Early Trade After Land Disposal

KUALA LUMPUR, Feb 18 (Bernama) -- Eco World Development Group Bhd’s shares on Bursa Malaysia rose in early trade after disposing of its 56.06 hectares of freehold land in Iskandar Malaysia, Johor, to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million.

Dialog's Intraday Short Selling Suspended After 15 Pct Share Price Drop

KUALA LUMPUR, Feb 14 (Bernama) -- The intraday short selling (IDSS) of Dialog Group Bhd was suspended Friday after its quarterly loss dragged shares down to over 15 per cent.

Dialog Halts Malic Acid Project In Pahang, Writes Off RM90.7 Mln in 2Q FY2025

KUALA LUMPUR, Feb 13 (Bernama) -- Dialog Group Bhd’s wholly owned subsidiary Dialog Malic Acid Sdn Bhd has discontinued its malic acid project in Gebeng, Pahang, with total capital expenditure incurred to date of RM90.7 million been written off in the second quarter ended Dec 31, 2024 (2Q FY2025).

Northern Solar Targets 20 Pct Revenue Growth In FY2025

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 6 (Bernama) -- Northern Solar Holdings Bhd is targeting a 20 per cent rise in revenue growth for the financial year ending March 31 2025 (FY2025) versus RM77.97 million a year ago.

Lendlease Global Commercial REIT Reports Lower DPU, Revenue For 1H FY2025

KUALA LUMPUR, Feb 4 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (LREIT) reports a 14.3 per cent drop in distribution per unit (DPU) to 1.8 cents for the first half financial results for 2025 (1HFY2025) ended Dec 31 2024, compared to 2.1 cents in the previous year.

Sunway REIT Net Profit Rises To RM524.75 Mln In FY2024, Declares 10 Sen DPU

KUALA LUMPUR, Feb 3 (Bernama) -- Sunway Reit Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust (Sunway REIT), saw its net profit surging to RM524.75 million for the financial year ended Dec 31, 2024 (FY2024) from RM338.19 million a year earlier.

Analysts Maintain Bullish View On Bursa Malaysia Amid Strong Earnings, IPO Pipeline

KUALA LUMPUR, Jan 28 (Bernama) -- Analysts have maintained a positive outlook for Bursa Malaysia Bhd following the company's strong earnings in its financial year 2024.

CapitaLand Malaysia Trust Up After Posting Higher FY2024 Profit

KUALA LUMPUR, Jan 23 (Bernama) -- CapitaLand Malaysia Trust’s (CLMT) share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM187.15 million for the financial year ended Dec 31, 2024 (FY2024) versus RM163.66 million a year ago.

MNRB Posts Higher 3Q FY2025 Net Profit Of RM115.9 Mln

KUALA LUMPUR, Jan 21 (Bernama)-- MNRB Holdings Bhd posted a net profit of RM115.9 million in the third quarter ended Dec 31, 2024 (3Q FY2025), marking a 37 per cent increase from RM84.6 million in the same period last year.

Maybank IB Forecasts 41 Pct Gateway Container Mix For Westports In FY2025

KUALA LUMPUR, Jan 21 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) forecast a 41 per cent gateway container mix for Westports Holdings Bhd in financial year 2025 (FY2025), compared to 45 per cent recorded in the third quarter last year, with a tariff hike anticipated in FY2027.