Bursa Malaysia Closes Above Key 1,600 Level, Tracking Regional Rally

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 25 (Bernama) -- Bursa Malaysia closed higher for the third consecutive day, breaking the psychological 1,600 mark, lifted by positive regional sentiment on the back of Wall Street’s rally on Friday.

Property Professionals A Key Pillar Of Malaysia’s Economy – Lim Hui Ying

KUALA LUMPUR, Aug 22 (Bernama) -- The profession of valuation, estate agency and property management is an important professional services sector and serves as one of the main pillars of the country’s economic growth, said Deputy Finance Minister Lim Hui Ying.

Bulls Dominate As Bursa Malaysia Ends At Over 5-month High

By Zarul Effendi Razali

KUALA LUMPUR, Aug 22 (Bernama) -- Bursa Malaysia maintained its upward momentum to end the week higher, briefly breaching the 1,600 key level during the early session, driven by persistent buying in selected heavyweights, led by telecommunications and media, as well as industrial products and services counters, a dealer said.

Binastra Secures RM132 Mln Piling Works Contract In Johor

KUALA LUMPUR, Aug 21 (Bernama) -- Binastra Corporation Bhd’s wholly owned subsidiary Binastra Builders Sdn Bhd has accepted a contract worth RM132.0 million from Exsim Lumba Kuda Sdn Bhd for a property development project in Johor. 

Bursa Malaysia Maintains Uptrend, Ends On Positive Note

By Zarul Effendi Razali

KUALA LUMPUR, Aug 21 (Bernama) --Bursa Malaysia reversed yesterday’s losses to continue its upward momentum to close higher, driven by persistent buying in selected heavyweights, amid mixed sentiment in regional markets, a dealer said.

Matrix Concepts Records Higher Profit Of RM62.94 Mln In First Quarter

KUALA LUMPUR, Aug 21 (Bernama) -- Matrix Concepts Holdings Bhd posted a higher net profit of RM62.94 million for its fiscal first quarter ended June 30, 2025 (1Q 2026) compared to RM60.70 million in the same quarter of the preceding year.

Ras Al Khaimah Rises: Real Estate Boom Redefines UAE’s Northern Emirate

KUALA LUMPUR, Aug 21 (Bernama) -- Ras Al Khaimah is fast becoming one of the United Arab Emirates (UAE)’s hottest property markets, with real estate surging on the back of visionary leadership and strategic development.

Titijaya, Mines Heights In JV For RM554 Mln GDV Development

KUALA LUMPUR, Aug 20 (Bernama) -- Titijaya Land Bhd’s (Titijaya) wholly-owned subsidiary, Titijaya Development (Pulau Pinang) Sdn Bhd (Titijaya Development), has signed a joint venture agreement with Mines Heights Development Sdn Bhd (Mines Heights).

E&O Unit To Sell London Land For RM427.8 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Eastern & Oriental Bhd’s (E&O) indirect wholly-owned subsidiary, Hammersmith Properties Ltd, has proposed to dispose of two freehold land parcels in Hammersmith, London, to Varsity Capital 1 Propco Ltd for a minimum cash consideration of £75 million or RM427.8 million (£1 = RM5.7040).

KTI Landmark's Unit To Develop RM107 Mln Cultural Complex In Sabah

KUALA LUMPUR, Aug 20 (Bernama) -- The Sabah state government has appointed KTI Landmark Bhd’s wholly-owned subsidiary K.T.I. Sdn Bhd (KTISB) to develop a cultural complex with facilities, amenities and the related infrastructure for on 23.47 hectares (ha) in Kinarut on a public-private partnership basis.

SP Setia's 2Q FY2025 Net Profit Drops To RM99.8 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- SP Setia Bhd's second quarter (2Q) net profit ended June 30, 2025 (FY2025) dropped to RM99.8 million from RM295.03 million in the same quarter a year ago.

Bursa Malaysia Pares Most Early Losses To Close Marginally Lower

By Zarul Effendi Razali

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia pared most of its earlier losses to close marginally lower as profit-taking was offset by selective buying in heavyweights, amid cautious sentiment in regional markets, a dealer said.