Property and Construction
Sime Darby Property: A Strong Quarter (SDPR MK, Outperform, TP: RM1.55)
Sime Darby Property’s 2QFY26 net profit soared to RM322.0m, driven by fair value gains and strong project billings.
Category: Property and Construction
Property and Construction
Matrix Concepts: Net Profit Within Expectations (MCH MK, Outperform, TP: RM1.40)
Matrix Concepts Holdings reported RM60.2m profit in FY27's first quarter, driven by improved property sales and land sales.
Stocks and Markets
Kelington Group: Laying the groundwork for 2027
Kelington's 1H26 earnings are promising, with a record order book indicating strong future performance and visibility through 2027.
Stocks and Markets
GDB Holdings Bhd: Results Within Expectations
GDB Holdings posts RM34.6m 1HFY26 profit, orderbook RM1.0bn; BUY call maintained with TP RM0.60 on strong tenderbook and diversification.
Property and Construction
S P Setia Posts Resilient Q2 FY2026 Results, Strengthens Industrial Portfolio
S P Setia posts RM864m Q2 sales, expands industrial portfolio in Penang, maintains resilience with reduced borrowings and stable gearing.
Property and Construction
OIB Expands Sustainable Affordable Housing Portfolio
OIB launches Gardens Idaman in Selangor, adding 616 affordable homes while integrating GreenRE-certified sustainable design features into its housing portfolio.
Analyst Report
Sunway REIT: Steady Performance (SREIT MK, Neutral, TP: RM2.35
Sunway REIT’s (SREIT) 2QFY26 realised net profit came in at RM106.5m (+10.3% YoY, -2.3% QoQ) which was slightly ahead of our estimates but largely…
Analyst Report
Kerjaya Prospek: Secures RM223m Building Contract in Johor (KPG MK, Outperform, TP: RM3.30)
Kerjaya Prospek Group (KPGB), through its wholly-owned subsidiary Kerjaya Prospek (M) Sdn Bhd, has accepted a RM223m fixed lump sum contract from Sunway Majestic…
Business News
Gamuda Expands Data Centre Portfolio With RM1.71bn Contract
Gamuda has been awarded a RM1.71bn contract to construct a single-storey hyperscale data centre (DC) in Port Dickson, Negeri Sembilan, for a US-based multinational…
Business News
Gamuda Secures RM1.71 Billion Follow-On Port Dickson Data Centre Contract
Gamuda won a RM1.71 billion hyperscale data centre contract in Port Dickson, lifting its order book to RM54 billion and reinforcing earnings growth prospects…
Property and Construction
E&O, Majestic Gen Partner to Develop Prime Jalan Kia Peng Land
E&O and Majestic Gen acquired a prime site in Kuala Lumpur for a high-rise residential development.
Property and Construction
Australia’s Property Boom Faces Sharp Downturn Amid Tax Changes
Australia’s property boom falters as tax changes drive price falls, rents rise, and analysts warn affordability gains may be short-lived.
Property and Construction
Axis REIT Earnings Dip, Recovery Expected with New Kedah Acquisition
Axis REIT 2QFY26 earnings fell on lower rental, but recovery expected with new Kedah asset acquisition and improved occupancy.
Business News
Kerjaya Prospek: Secures RM53m M&E Contract for Data Centre
Kerjaya Prospek Group’s subsidiary secured a RM52.5m subcontract for a 275kV consumer landing station, boosting total contract wins to RM2.2bn.
Property and Construction
KIP REIT Delivers Record FY26, Eyes Growth with Setapak Central
KIPREIT posts record FY26, strong outlook with Setapak Central acquisition, AEIs, and rental reversions supporting sustained growth and attractive yields.
Property and Construction
MGB: Secures RM44.7m Job in Saudi Arabia
MGB Bhd secures a RM44.7m contract in Saudi Arabia for villa development, enhancing its regional presence.