TheStar(Jun 2026)

EcoWorld Malaysia inches closer to FY26 sales target

EcoWorld Malaysia achieved RM3.28bil in sales for the first seven months of FY26, reaching 82% of its RM4bil target. Sales were led by the southern region, while residential projects remained the largest contributor. The group reported higher quarterly profit and record future revenue of RM5.38bil, supporting earnings visibility. Management remains optimistic, citing strong demand, healthy cash balances, and resilient property market fundamentals.

TheStar(Jun 2026)

Binastra seen well-positioned for record earnings levels in FY27-FY29

Binastra Corp is expected to deliver stronger earnings from FY27 to FY29 as margins improve on lower building material and diesel prices, backed by a RM6.8bil order book and RM2bil replenishment target. Analysts highlighted data centre exposure, renewable energy projects, and the LF Larsen acquisition as key drivers. Research houses maintained buy calls and raised target prices, citing better execution, steadier costs, and possible new data centre jobs.

TheStar(Jun 2026)

SkyWorld poised for gradual FY27 recovery

SkyWorld Development is expected to recover gradually from FY27 after a challenging FY26 marked by soft margins, higher financing costs, and limited earnings from new launches. Analysts said FY26 may be the bottom, with stronger billings from projects such as Vesta Residences and SkyAmani. Future growth is supported by RM1.1bil in unbilled sales, more than RM2bil in planned launches, and its SkyWorld 2040 roadmap.

TheStar(Jun 2026)

Sentoria to be delisted soon

Sentoria Group shares were set to be suspended from trading on June 12, 2026, and delisted on June 16 unless an appeal was submitted by June 11. The delisting followed its failure to submit a regularisation plan to the Securities Commission or Bursa Securities by the extended June 3 deadline. If an appeal was filed within the timeframe, the delisting would be deferred pending Bursa Securities decision.

TheStar(Jun 2026)

IJM starts FY27 with plans to unlock value

IJM Corp is aiming to reset investor sentiment with a RM3bil shareholder distribution plan over three years. The strategy includes the proposed listing of its construction arm, monetisation of domestic toll assets, and exit from India. Analysts expect the plan to improve returns, supported by a strong RM14.7bil order book, RM18bil tender book, and potential gains from asset sales and property sales backlog.

TheStar(Jun 2026)

Binastra 1Q revenue surges to RM606mil

Binastra Corp posted a strong first quarter, with net profit rising to RM35.27mil from RM25.14mil and revenue surging to RM605.57mil from RM256.85mil a year earlier. Growth was mainly driven by its construction segment, including new construction services and solar installation projects. Solar projects contributed RM221.8mil during the quarter, while the group expects Malaysia construction activity to stay resilient on infrastructure, industrial, and private sector demand.

TheStar(Jun 2026)

Mah Sing to benefit from DC boom

Mah Sing Group is expected to benefit from earnings visibility through strong affordable home sales and potential data centre land monetisation. Analysts noted plans to form a joint venture for data centre landbank, alongside effective landbank management and a strong balance sheet. While construction costs and diesel prices remain risks, upcoming industrial and premium projects are expected to support diversification beyond its core M Series products.

TheStar(Jun 2026)

Optimistic outlook for Kerjaya Prospek Group

Analysts remain positive on Kerjaya Prospek after its latest RM529mil premium residential contract lifted year-to-date new job wins to RM1.6bil. The project is expected to strengthen the order book and contribute earnings over 33 months. Research houses cited resilient growth, contract replenishment progress, attractive valuation, and potential future jobs from industrial and related party projects as supports for the groups outlook.

TheStar(Jun 2026)

Lagenda set on providing sustainable returns

Lagenda Properties plans to focus on markets with strong fundamentals while staying open to selected expansion opportunities. The group reported a strong start to FY26, with confirmed sales rising 48% year-on-year to RM372.5mil and unbilled sales reaching RM1.67bil. Management expects construction progress to lift revenue recognition and remains confident in affordable housing demand, supported by demographic trends and resilient need-based buying.

TheStar(May 2026)

S P Setia posts quarterly bottom line of RM31mil

S P Setia posted 1Q26 net profit of RM31.12mil despite fewer land sales and unrealised foreign exchange losses. Revenue rose 7% year-on-year to RM826.54mil, while sales reached RM555mil, mostly from domestic projects. The group will continue strategic launches across key Malaysian regions and internationally, supported by prudent cash management, cost discipline, industrial expansion in Penang and the Setia Edenia project in Vietnam.

TheStar(May 2026)

Sunsuria records healthier 2Q26 earnings on project advancement

Sunsuria recorded 2Q26 revenue of RM120.61mil and profit before tax of RM14.04mil, supported by stronger contributions from Bangsar Hill Park Talisa as construction progressed. Revenue rose from the immediate preceding quarter but was lower year-on-year due to completion of past projects and lower ongoing development contributions. Year-to-date revenue reached RM238.65mil with profit before tax of RM21.51mil.

TheStar(May 2026)

Paramount banks on U-Thant sales this year

Paramount Corp targets RM1.2bil in 2026 sales, supported by its U-Thant Enclave high-rise project in Kuala Lumpur and RM1.5bil in unbilled sales. The group also has a RM3.3bil landbank and RM4bil gross development value from newly signed projects. Management expects double-digit profit growth, with future focus on the northern region and Klang Valley, asset monetisation and stronger shareholder returns by 2030.

TheStar(May 2026)

Mah Sing rides record sales

Mah Sing Group recorded its strongest sales performance in a decade with RM2.51bil in 2025 and is targeting RM2.76bil in 2026. Management said the focus remains disciplined execution, quick project turnaround and cost optimisation. Growth will be supported by M Series homes, higher-end segments, industrial projects, data centre opportunities and a strong balance sheet with low gearing. The company also highlighted steady take-up rates and healthy unbilled sales.

TheStar(May 2026)

Unbilled sales steady Lagenda Properties outlook

Analysts expect Lagenda Properties earnings to be supported by RM1.7bil in unbilled sales, a sizeable project pipeline and planned launches. The group targets RM1.9bil in 2026 property sales, with new township launches expected in Senawang and Sungai Petani. While 1Q26 profit and revenue dipped, research houses remain positive due to affordable housing demand, healthy sales momentum and improving revenue recognition from a larger launch base.

TheStar(May 2026)

IJM looks to FY27 after tough fourth quarter

IJM Corp expects a better FY27 from its construction division, supported by a RM14.7bil order book and data centre, industrial building and infrastructure jobs. FY26 was difficult, with a fourth quarter net loss of RM173.9mil due to forex losses, impairments and weaker property and port contributions. Revenue improved, while construction revenue reached a record RM6.88bil. The group maintained dividends and expects land disposals to support earnings.

TheStar(May 2026)

Singapore assets to spur IOIPG net asset value

IOI Properties Group is increasingly seen as a net asset value compounder as it expands its Singapore office portfolio. UBS Research expects NAV to grow about 5% annually to 2030, supported by the proposed M-REIT spin-off, Asia Square Tower 2 acquisition and recent valuation roll-forward. DBS Research noted IOIPG has become one of Singapore largest CBD office landlords, with assets supported by institutional capital inflows and strong tenant demand.

TheStar(May 2026)

MajuPerak exits affected listed issuer status, strengthens recovery journey

MajuPerak Holdings is no longer classified as an affected listed issuer by Bursa Malaysia with immediate effect. Parent company PKNPk said the move reflects restructuring and strengthening measures carried out over recent years. Management said the uplift removes doubts over MajuPerak future and supports its role as a strategic engine for Perak development, backed by stronger financial fundamentals, governance and business direction.

TheStar(May 2026)

Lagenda Properties posts stable first-quarter results

Lagenda Properties reported stable 1Q26 results despite geopolitical uncertainty and inflationary pressures. Net profit eased to RM44.17mil from RM44.59mil, while revenue slipped to RM262.12mil from RM264.40mil due to lower property development contributions. The group said operational impact should remain manageable, supported by resilient domestic demand from its affordable housing-focused business model, which remains the key earnings contributor.

TheStar(May 2026)

UEM Sunrise 1Q earnings at RM16mil

UEM Sunrise recorded 1Q26 net profit of RM16.2mil, down from RM20.49mil a year earlier, while revenue fell to RM347.71mil. The decline was mainly due to lower land sales after the prior period benefited from a divestment in Iskandar Puteri. However, property development revenue rose 24%, supported by better sales and construction progress from MINH, Connaught One and DiReka Square.

TheStar(May 2026)

Batu Kawan acquires 47.7% stake in MKH

Batu Kawan is set to become the controlling shareholder of MKH after agreeing to acquire up to 47.7% of the property and plantation group for about RM549.8mil, triggering a mandatory general offer. The deal also gives indirect control over MKH Oil Palm. Batu Kawan said it may seek to delist MKH if it and concert parties hold 90% or more after the offer.

TheStar(May 2026)

Automation, data boost efficiency across operations

Mah Sing said investments in automation, artificial intelligence-driven insights and data platforms are improving efficiency and decision-making, while its My Mah Sing app enhances the end-to-end homeownership experience. The group expects the 2026 market to remain resilient, supported by stable fundamentals, healthy employment and demand from homebuyers. Its RM2.76bil sales target is underpinned by a strong launch pipeline and healthy unbilled sales.

TheStar(May 2026)

Record property sales of RM1.4bil for E&O

Eastern and Oriental recorded FY26 net profit of RM221.21mil, up 31%, supported by record property sales of RM1.4bil and unbilled sales of RM1.7bil. Revenue rose 17% to RM867.64mil, mainly from ongoing developments and new projects. The property segment remained the key contributor, helped by construction progress and sales from Penang and Klang Valley developments.

TheStar(May 2026)

IOIPG profit triples in 3Q26, reiterates outlook

IOI Properties Group reported a more than threefold jump in 3Q26 net profit to RM258.1mil, while revenue rose 38.7% to RM1.05bil. Growth was supported by the consolidation of Scottsdale Properties, higher property development contributions and stronger occupancy at IOI Central Boulevard Tower. The group expects sustained earnings from diversified assets, hospitality and leisure recovery, favourable interest rates and new launches such as The Cube Plus.

TheStar(May 2026)

I-Bhd records profit growth amid transition

I-Bhd posted 1Q net profit of RM10.42mil versus RM9.96mil a year earlier, despite revenue falling to RM43.93mil. Lower progressive billings from property development weighed on revenue after a project reached completion. Segment pre-tax profit still rose 21% to RM5.6mil, driven by higher-margin projects, cost optimisation, variation order gains and margin enhancement initiatives as the group shifts toward intelligence-driven urban ecosystems.

TheStar(May 2026)

SimeProp eyes long-term growth

Sime Darby Property outlook remains solid despite geopolitical uncertainty, supported by innovative funding platforms, investment assets and a diversified portfolio. RHB Research said new development funds could support institutional-grade projects including commercial properties, student accommodation and data centres without over-leveraging the balance sheet. Its first core-and-shell data centre has been completed, with lease income expected from 2Q26, while SimeProp remains a top sector pick.

TheStar(May 2026)

Industrial segment to drive Sime Darby bottom line

RHB Research expects Sime Darby industrial division to remain a key earnings driver despite concerns over Malaysia new electric vehicle policy. New rules for imported CBU EVs may pressure its automotive business, particularly China-based brands. The research house maintained a buy call, citing attractive valuation, recovery potential in China, dividend yield and possible policy support. Sime Darby Motors contributed 11% of FY25 revenue and pretax profit.

TheStar(May 2026)

IGB expands property, hospitality pipeline

IGB expects its property development and hospitality businesses to contribute more revenue in 2026, supported by Southpoint Residences and Visit Malaysia 2026. The group plans to grow domestically and regionally, including a new hotel in Southkey, Johor, and land acquisitions in Ipoh. Management cited opportunities in aged care, industrial development, co-living, student accommodation and education, while tourism recovery and investment activity should support prospects.

TheStar(May 2026)

Sunway 1Q profit surges

Sunway posted a sharp rise in 1Q26 net profit to RM9.4bil, largely due to a RM9.1bil fair value gain from the listing and reclassification of Sunway Healthcare Holdings. Excluding the gain, underlying profit before tax improved to RM462.4mil. Property development profit was boosted by the disposal of an education asset, while property investment, construction and healthcare divisions continued contributing to the groups earnings base.

TheStar(May 2026)

Perak Transit 1Q revenue at RM46mil

Perak Transit recorded 1Q26 revenue of RM46.4mil, pre-tax profit of RM20.5mil and profit after tax of RM15.6mil. The group said earnings remained resilient, supported by stable contributions from core transit operations and a recurring income base. It declared a second interim dividend of 0.125 sen per share for FY26 and said it would maintain disciplined capital management while supporting growth initiatives and its share buy-back programme.

TheStar(Apr 2026)

Paramount eyes stable earnings on robust launches

Paramount is expected to deliver stable earnings growth, supported by expanding property presence, annual launches and RM1.5bil in unbilled sales. MBSB Research projected 14% earnings growth for FY26 and highlighted a remaining GDV of RM4.77bil to sustain launches. New land deals, including a Jalan Ampang acquisition, should support future sales. Management also aims to monetise non-core assets and lift return on equity to 10% by 2030.

TheStar(Apr 2026)

UEM Sunrise eyes ROE turnaround on Johor play

UEM Sunrise aims to lift profitability and target triple return on equity over five years by accelerating developments and unlocking Johor land value. Research houses highlighted faster rollouts, recurring income assets and landbank monetisation as key strategies. The Johor-Singapore Special Economic Zone, rapid transit link, active Johor acquisitions and a leaner balance sheet are expected to support prospects, although target prices were trimmed amid market headwinds.

TheStar(Apr 2026)

Lagenda sees manageable diesel impact amid launches

Lagenda Properties expects only a manageable impact from the diesel price surge, with infrastructure exposure limited as major works at Kulai are largely completed. Remaining exposure is mainly linked to its second Sungai Petani township, which has yet to launch. UOB Kay Hian Research said costs can be passed through pricing adjustments, while Lagenda maintains its RM2.65bil launch target and RM1.9bil sales target for 2026.

TheStar(Apr 2026)

Sunsuria poised for steady diversified growth

Sunsuria remains cautiously optimistic, supported by a diversified portfolio, disciplined capital approach and long-term strategy. Its 1Q25 net profit fell to RM1.69mil as revenue slipped to RM118.04mil, mainly due to timing of profit recognition after earlier project completions. Ongoing projects, education revenue growth and the new property investment division provide support, while a development rights agreement in Mukim Sungai Buloh adds future earnings visibility.

TheStar(Apr 2026)

Exsim Hospitality job wins beat expectations

Exsim Hospitality latest RM138mil contract lifted FY26 year-to-date new job wins to RM364.2mil, exceeding TA Research full-year assumption. The contract from Binastra Builders is expected to lift its order book to about RM438.1mil and contribute around RM16.6mil in pre-tax profit over the contract period. TA Research raised job win forecasts, earnings estimates and target price, citing Exsim development pipeline and hospitality strategy.

TheStar(Apr 2026)

Ong Chou Wen becomes NCT Alliance CEO

NCT Alliance appointed Ong Chou Wen as chief executive officer. Ong brings extensive property development experience and expertise in finance, business development, sales and marketing. He was previously CEO of Tropicana Corp from December 2023 to March 2026, where he led initiatives including de-gearing, land monetisation, joint ventures and foreign investment efforts. He also served as CEO of WCT Land, overseeing restructuring and strategic improvements.

TheStar(Apr 2026)

UOA Development ends agreement with CCCC

UOA Development has terminated its shareholder agreement with Care Concierge Care Centre and will become the sole owner and operator of Komune Care Centre in Cheras. The termination was due to divergent business views. CCCC will transfer its 40% equity interest in Komune Care Centre to Federaya for RM500,000 cash. UOA said the move will not have any financial impact on earnings, gearing or net assets.

TheStar(Mar 2026)

Binastra to sustain growth momentum

Binastra Corp plans to sustain growth by executing its order book efficiently and securing new high-value contracts. For FY26, it secured 16 new contracts worth RM4.2bil, while its outstanding order book reached RM7.1bil as at March 2026, providing up to four years of earnings visibility. Fourth-quarter net profit rose to RM42.4mil from RM25.1mil, while revenue increased to RM477.2mil, driven mainly by the construction segment.

TheStar(Feb 2026)

New units likely to lift Exsim Hospitality earnings

TA Research said Exsim Hospitalitys RM131.7 million order book and more than 2,000 ready-to-operate hospitality units secured in January should lift earnings in coming quarters. The group has won RM48.8 million of new jobs year to date, or 19.5% of its FY26 assumption. Analysts kept forecasts unchanged and maintained a buy call with a 40 sen target price.

EdgeProp(Feb 2026)

Sunway Construction tests new all time highs after beating estimates

Sunway Constructions share price hit record highs after FY2025 earnings exceeded expectations. Analysts raised forecasts supported by strong data centre project pipeline and margins. The group targets RM6 billion in new job wins with positive market sentiment and strong analyst recommendations.

TheStar(Feb 2026)

Radium diversifies into healthcare

Radium Development is diversifying from property development into healthcare through the acquisition of 2.88ha of leasehold land in Melaka by its 90%-owned hospital unit for RM25.5 million. The company said the move marks its entry into the healthcare business. Radium also reported 4Q25 net profit of RM1.73 million, while FY25 net profit surged to RM98.6 million, boosted by a one-off land settlement gain.

TheStar(Feb 2026)

Kanger in RM26mil property sale

Kanger International is disposing of 23 proposed serviced apartments at Antara @ Genting Highlands for RM25.93 million. The group said the sale will improve cash flow by reducing the propertys financing commitment, with the net proceeds earmarked for working capital. Management added that the disposal is not expected to materially affect earnings for the current financial period but should contribute positively to future earnings per share.

TheStar(Feb 2026)

SunCon on track for sustainable growth

SunCon posted record FY25 revenue of RM5.43 billion, up 51.6%, while net profit nearly doubled to RM361.8 million. Management said stronger construction activity from RTS Link and data centre jobs, plus margin recalibration from cost savings, lifted profitability despite softer fourth-quarter revenue. The group proposed a 9 sen fourth-quarter dividend, bringing FY25 payout to 50.5 sen, and said its balanced order book supports sustainable growth.

EdgeProp(Feb 2026)

SD Guthrie, Selangor govt explore massive 5,000-acre development on Carey Island

SD Guthrie and the Selangor government signed an MOU to explore a large scale integrated development on Carey Island, potentially up to 5,000 acres. The project is linked to the Carey Island Port and Special Economic Zone, aimed at driving high value economic activities. The initiative supports long term growth in Southern Selangor and reflects SD Guthries diversification into industrial development.

EdgeProp(Feb 2026)

Cahya Mata 4Q net profit down 70% without forex gains, pays three sen dividend

Cahya Mata Sarawak reported a 70.3% drop in 4QFY2025 net profit due to absence of prior forex gains, higher costs and weaker associate contributions. Revenue declined 8.8%. The cement division remained resilient. The group declared a three sen dividend and expects future growth from infrastructure and plant developments.

EdgeProp(Feb 2026)

UOA Developments 4Q profit surges on revaluation gains

UOA Development recorded a 50.3% increase in 4QFY2025 net profit driven by revaluation gains despite lower revenue from slower progress billings. Full year profit rose significantly supported by steady margins and ongoing project contributions. The group maintains healthy unbilled sales.

TheStar(Feb 2026)

Sunways net profit rises to RM502mil in 4Q

Sunway Bhd posted fourth-quarter net profit of RM502.4 million, up from RM334.3 million a year earlier, helped by stronger operations across most businesses, gains from the HLMCL acquisition and asset revaluation. Full-year net profit rose to RM1.3 billion on revenue of RM9.81 billion. The group declared a second interim dividend of two sen and proposed a dividend-in-specie distribution of Sunway Healthcare Holdings shares ahead of the planned listing.

EdgeProp(Feb 2026)

GDB enters Sarawak property market with RM32.72m land purchase

GDB is acquiring three parcels of leasehold land in Kuching, Sarawak for RM32.72 million, marking its expansion into property development in East Malaysia. The group plans a phased mixed use development comprising serviced apartments, SOHO units and retail components. The acquisition will be funded via internal funds and borrowings, strengthening its land bank and pipeline for long term growth.

EdgeProp(Feb 2026)

Johan Holdings unit to sell Lumut hotel and adjoining land for RM47.4m

Johan Holdings is disposing of a hotel and adjoining land in Lumut for RM47.43 million. The transaction includes a 150 room hotel and multiple land parcels and is expected to generate a gain. Proceeds will be used for working capital, with completion targeted in 3Q2026.

EdgeProp(Feb 2026)

Astaka ventures into healthtech as new growth driver, signs exclusive deal with Evergrown

Astaka plans to diversify into the healthtech sector by signing an exclusive agreement with Evergrown to manufacture and market sterilisation lighting products. The move aims to expand revenue and integrate innovative technology into its developments. The group targets to launch consumer healthtech products by 3Q2026, with Singapore as the initial market.

EdgeProp(Feb 2026)

Kerjaya Prospek sees 53% earnings jump in 4Q, declares 3.5 sen dividend

Kerjaya Prospek reported a 53.36% increase in 4Q net profit supported by stronger performance across all segments, particularly construction. Revenue rose 12.3% while property development contributions surged. The group declared a higher dividend of 3.5 sen and maintains a strong order book to support future earnings.

EdgeProp(Feb 2026)

Seal hands over control of 31.5 acre Penang reclamation project to property developer GSD Land

Seal is transferring control of its Penang reclamation project to GSD Land to reduce financial exposure. The move allows Seal to retain a minority stake while the new partner assumes funding responsibilities, improving financial stability.

EdgeProp(Feb 2026)

Matang expands durian footprint with RM18.2 mil land acquisition in Tangkak

Matang is acquiring 10 parcels of agricultural land in Johor for RM18.2 million to expand its durian plantation footprint. The land includes mature durian trees such as Musang King and Black Thorn. The acquisition will increase its land bank and is expected to enhance revenue and profitability through higher production.

TheStar(Feb 2026)

Sunsuria reports lower 1Q earnings

Sunsurias first-quarter net profit fell to RM1.69 million from RM8.87 million while revenue declined to RM118.04 million from RM158.38 million. Management attributed the weaker year-on-year performance mainly to timing of progressive profit recognition after completion of major projects in the prior financial year. Its education division recorded higher revenue on stronger student enrolment.

TheStar(Feb 2026)

UOA FY25 property sales at RM673mil

UOA Development booked RM672.9 million in new property sales for FY2025, driven mainly by Bamboo Hills Residences, Duo Tower, Aster Hill and Laurel Residence. Fourth-quarter Patami rose to RM192.8 million from RM128.2 million despite lower revenue, while full-year Patami jumped 65% to RM474.0 million on stronger progressive billings. The board proposed a final single-tier dividend of 10 sen per share, subject to shareholder approval.

TheStar(Feb 2026)

Oriental Kopi buys RM23mil land in Selangor

Oriental Kopi, through its indirect wholly owned unit, is acquiring a leasehold industrial land parcel with a factory in Puchong for RM23 million. The property is currently rented by the group as its head office and warehouse. Management said owning the site will support ongoing operations, reduce disruption, eliminate risks from rental hikes or non-renewal, and provide a stronger base for future growth.

EdgeProp(Feb 2026)

Oriental Kopi firms up deal to buy head office for RM23m

Oriental Kopi has finalised the acquisition of its existing head office and warehouse in Puchong for RM23 million. The leasehold property includes a factory unit and will be funded through internal funds and borrowings. The move is expected to reduce rental and logistics costs while securing long term operational stability and eliminating tenancy risks.

EdgeProp(Feb 2026)

Matrix Concepts 3Q profit climbs 15.5% on stronger revenue recognition, take-ups

Matrix Concepts posted a 15.5% rise in 3Q net profit driven by stronger revenue recognition and project take up. Revenue increased 31.8% supported by contributions from key developments. The group expects continued growth backed by resilient demand and planned launches exceeding RM800 million.

EdgeProp(Feb 2026)

SunCon declares nine sen dividend for 4Q, lifting FY2025 payout to record 50.5 sen as revenue tops RM5b

Sunway Construction reported strong FY2025 results with net profit rising 93.6% to RM361.78 million and revenue exceeding RM5 billion. The group declared a nine sen 4Q dividend, bringing total annual payout to a record 50.5 sen. Growth was driven by strong construction segment performance and data centre projects, with a RM6 billion order book target for 2026.

TheStar(Feb 2026)

Sunway Property sets RM4.2bil sales target

Sunway Property is targeting RM4.2 billion of sales in 2026, backed by a RM4.8 billion launch pipeline across Malaysia and regional markets, after exceeding its 2025 target with RM3.8 billion of sales. Management said the group has RM9.5 billion of unbilled sales and plans new launches in Johor, Klang Valley, Penang, Ipoh, Singapore, China and potentially Cambodia, while continuing to expand in transit-oriented and industrial developments.

EdgeProp(Feb 2026)

Sunsuria 1Q profit slips amid lower progressive property recognition

Sunsuria reported lower quarterly profit and revenue due to reduced progressive recognition from completed projects and higher operating costs. The group secured a new residential project with GDV of RM492 million to support future growth.

EdgeProp(Feb 2026)

Radium Development 4Q net profit reaches RM1.73 mil, eyes healthcare expansion

Radium Development reported lower 4Q net profit but higher revenue. Full year profit increased significantly due to a one off gain. The group plans to diversify into healthcare with a hospital project in Melaka, expanding into healthcare related property developments while maintaining its core property business.

EdgeProp(Feb 2026)

Iskandar Waterfront City to sell 16-acre land in Johor Bahru for RM71.6 mil

Iskandar Waterfront is disposing of 16.43 acres of leasehold land in Johor Bahru for RM71.55 million, generating an estimated post tax profit of RM28.12 million. Proceeds will be used for working capital and debt repayment. The disposal aligns with its strategy to optimise assets, improve liquidity and strengthen financial position.

EdgeProp(Feb 2026)

IOI Properties sells 136 acres of industrial land for RM740 mil

IOI Properties sold 136 acres of industrial land at its Banting industrial park for RM740.68 million to Bridge Data Centres. The transaction reflects strong demand for data centre and industrial assets and supports IOIs industrial park expansion strategy. The sale highlights growing logistics and digital infrastructure demand in Malaysia.

TheStar(Feb 2026)

GuocoLand to be privatised

GLL proposed to privatise GuocoLand Malaysia via a selective capital reduction at RM1.10 per share in cash. If approved, the entitled 34.97% minority stake would be cancelled, giving GLL and its PACs full ownership. The offer implies a premium to the last closing price, requires EGM approval thresholds, and would remove GuocoLand from Bursas Main Market without triggering a downstream offer for Tower REIT.

TheStar(Feb 2026)

IWC to dispose of JB leasehold land for RM72mil

Iskandar Waterfront City entered into a binding term sheet to sell 16.426 acres of leasehold vacant land in Johor Bahru for RM71.55 million. The group said the remaining lease tenure, which expires in 2097, is expected to erode land value over time. Proceeds will be used to optimise its asset portfolio and capital structure, fund new developments and investments, and strengthen existing operations, with completion targeted in 3QFY26.

EdgeProp(Feb 2026)

Paramounts FY2025 profit attributable up 16% to RM118.82 mil

Paramount recorded a 16% increase in FY2025 profit despite lower revenue. The property division remained the main contributor supported by key developments. The group maintains a positive outlook backed by unbilled sales and declared dividends.

EdgeProp(Feb 2026)

UEM Sunrise FY2025 revenue rises 27% to RM1.7b, proposes higher 1.43 sen dividend

UEM Sunrise recorded a 27% increase in FY2025 revenue to RM1.7 billion driven by property development. Net profit declined due to non operational adjustments, but core earnings remained stronger. The group achieved RM1.4 billion sales exceeding target and proposed a higher dividend of 1.43 sen. It plans RM1.3 billion sales and RM2.2 billion launches for 2026, supported by Johor growth and infrastructure developments.

TheStar(Feb 2026)

Paramount eyes robust growth despite FY25 dip

TA Research said Paramounts FY25 core net profit fell 14.5% to RM73.6 million, missing expectations due to softer property development earnings and the absence of prior-year dividend income. Still, analysts stayed positive on FY26, citing a stronger launch pipeline, rising associate contributions, a 7.1% dividend yield and continued Texas Chicken expansion, while trimming target price to RM1.47.

EdgeProp(Feb 2026)

Kerjaya Prospek eyes industrial park expansion, land bank growth

Kerjaya Prospek is exploring industrial park developments and expanding its land bank across Kuala Lumpur, Penang and Johor. The group maintains a strong net cash position and is in discussions on potential projects including Batu Kawan. It aims to secure larger land parcels and sustain growth across its construction and property segments.

TheStar(Feb 2026)

EHB plans business diversification

Exsim Hospitality proposed to diversify into general contracting and centralised procurement to complement its hospitality, hotel management and interior fit-out businesses. The new segments would broaden its participation across the construction and asset enhancement value chain and be undertaken by existing subsidiary Exsim Concepto, which already has fit-out experience.

EdgeProp(Feb 2026)

Kerjaya Prospek poised for solid 4Q as projects near completion

Kerjaya Prospek is expected to deliver strong quarterly earnings driven by higher progress billings and contributions from its property arm. Growth is supported by ongoing projects and a healthy order book, although risks remain from cost pressures.

EdgeProp(Feb 2026)

Radium completes RM45m Ampang land acquisition

Radium has completed its RM45 million acquisition of a leasehold parcel in Bandar Ampang. The deal followed full settlement and fulfilment of conditions, with vacant possession delivered. The acquisition strengthens its land bank and supports future development plans.

EdgeProp(Feb 2026)

E&O 3Q net profit rises 105.6% to RM63.5m on stronger property billings

E&O reported a 105.6% increase in quarterly net profit supported by higher property billings and project contributions. Revenue rose strongly while operational performance remained solid despite forex impact. Growth was driven by ongoing developments and new launches.

EdgeProp(Feb 2026)

Chin Hin 4Q net profit up 5% to RM38 mil on turnaround in property business

Chin Hin reported a 5.37% increase in 4Q net profit to RM37.99 million, supported by a turnaround in its property development segment. Revenue rose 9.71% driven by stronger property contributions. The segment returned to profitability, while construction and building materials segments saw weaker performance due to slower progress billing and softer demand.

TheStar(Feb 2026)

Exsim Hospitality eyes robust profit from hotels

TA Research raised Exsim Hospitalitys core earnings forecasts for FY26 to FY28 after the group raised RM250 million from its rights issue and gained clearer funding visibility for its own-operated hospitality strategy. The proceeds will help refurbish Corus Hotel, acquire Tower E Hotel at Empire City and support working capital. Analysts said the shift should de-risk execution, improve recurring income and cash flow, and lifted the target price to 40 sen.

TheStar(Feb 2026)

IOIPG sells industrial land for RM741mil

IOI Properties agreed to sell 136.03 acres at its IOI Industrial Park @ Banting to Bridge Data Centres for RM740.68 million. Management said the sites ready infrastructure, highway links and connectivity to ports and the airport made it attractive to data-centre operators. The group said the deal validates demand for its industrial parks and supports its strategy to grow recurring income from logistics and warehousing assets.

TheStar(Feb 2026)

Sunway-REIT buoyed by high occupancy

Research houses said Sunway REITs fundamentals remain supported by high occupancy, tenant quality and a diversified retail, office, hotel and industrial portfolio, even as near-term growth visibility softened after the disposal of Sunway University. Analysts highlighted rental reversions, stronger retail income, recovering hotel demand and resilient industrial assets as key supports, while some turned more neutral after the recent share-price rally.

EdgeProp(Feb 2026)

Sunway Property targets RM4.2b sales in 2026 on RM4.8b launch pipeline

Sunway Property targets RM4.2 billion sales in 2026 supported by a RM4.8 billion launch pipeline. The outlook is driven by strong demand, expansion in Johor and Klang Valley, and RM9.5 billion unbilled sales providing earnings visibility. Analysts remain positive on its growth prospects.

EdgeProp(Feb 2026)

AIMS closes land deal, to build RM4 bil data centre in Cyberjaya

AIMS has completed a land acquisition in Cyberjaya to develop a RM4 billion hyperscale data centre with capacity up to 200 megawatts. The facility is expected to be completed by 2027 and will support AI and cloud demand. The investment aligns with Malaysias digital economy growth and strengthens the countrys data centre ecosystem.

EdgeProp(Feb 2026)

Sunway lifts cash portion of IJM takeover offer to 32.5 sen per share but keeps RM3.15 offer price intact

Sunway revised the cash portion of its takeover offer for IJM to 32.5 sen per share following dividend adjustments, while maintaining the overall offer price at RM3.15 per share. The transaction values IJM at RM11 billion and remains largely share based.

EdgeProp(Feb 2026)

IOI Properties 6M FY2026 PBT surges to RM1.60b on valuation gains; core earnings up 87%

IOI Properties reported a sharp rise in 6M FY2026 PBT to RM1.60 billion, driven by fair value gains and remeasurement gains. Excluding these, core earnings grew 87% supported by stronger operational performance. Revenue increased 42% with contributions from property development, investment and hospitality segments.

TheStar(Jan 2026)

CAB Cakaran buys building, land in Pahang

CAB Cakaran is proposing to buy a detached industrial building with a two-storey office in Kuantan for RM2.8 million. The property is currently leased and occupied by its unit Pasaraya Jaya Gading as a supermarket outlet, office and warehouse. The group said owning the premises should generate annual rental savings, reduce exposure to rent escalation, improve cost certainty and support long-term operational planning.

TheStar(Jan 2026)

SD Guthries push into industrial land bodes well

Maybank IB Research said SD Guthries industrial land push enhances earnings visibility and could unlock asset value as the group has secured over 10 MoUs and two SPAs covering more than 15,000 acres for industrial park development. Higher agricultural land transaction benchmarks in Johor, Selangor and Negeri Sembilan prompted a higher valuation estimate, lifting RNAV to RM11.47 per share while the research house maintained its buy call with a RM6.31 target price.

EdgeProp(Jan 2026)

Selangor Dredging acquires Petaling Jaya land for RM63 mil, eyes RM507 mil GDV project

Selangor Dredging is acquiring a freehold site in Petaling Jaya for RM63 million to develop a serviced apartment project with GDV of RM507 million, strengthening its landbank.

TheStar(Jan 2026)

Rimbunan Sawit disposes Sarawak asset

Rimbunan Sawit is disposing of about 1,504 hectares at Batang Baram, Miri, Sarawak to Trinity Capital Resources for RM28 million. The group said the sale will stop high transport costs tied to the remote Sastat Estate, which is not integrated with its other estates and mills. Management said the disposal lets the group focus resources on more profitable, better integrated estates and mills, with proceeds earmarked for working capital and disposal-related expenses.

TheStar(Jan 2026)

EcoFirst 1H26 earnings jump to RM13mil

EcoFirst said 1H FY2026 net profit nearly tripled to RM12.9 million as revenue rose 15% to RM201.7 million, supported by faster progress billings at the KL48 project. For 2Q ended Nov 30, net profit fell 28.5% to RM2.4 million as revenue slipped to RM78.3 million. Management said it remains focused on expanding landbank in strategic locations for long-term growth.

EdgeProp(Jan 2026)

Sunway strengthens growth pipeline with RM180 mil in land acquisitions in Selangor and Penang

Sunway acquired three land parcels in Puchong, USJ 1 and George Town for about RM179.8 million with combined GDV exceeding RM1 billion. The sites will be developed into mixed use projects including serviced apartments and retail components. The acquisitions strengthen its presence in key urban areas and support long term growth through transit oriented and integrated developments.

EdgeProp(Jan 2026)

Ingenieur Gudang to sell vacant factory in Nilai for RM22m

Ingenieur Gudang is disposing of a vacant factory in Nilai for RM22 million, above fair value, generating an estimated RM5.8 million gain. Proceeds will be used for working capital and future opportunities, with completion expected in 1Q2026.

EdgeProp(Jan 2026)

Rimbunan Sawit disposes of 1,504ha Miri land for RM28m to exit loss-making remote estate

Rimbunan Sawit is disposing of plantation land in Miri for RM28 million to exit a loss-making estate. The move improves efficiency and allows focus on more profitable plantations.

TheStar(Jan 2026)

NCT Alliance gets nod for acquisition

NCT Alliance secured shareholder approval at its EGM for the acquisition of 100% of NCT World for up to RM490.3 million. The purchase will be settled through up to 104.2 million new ordinary shares and 917.2 million redeemable convertible preference shares at RM0.48 each. Management said the deal strengthens its growth pipeline by adding NCT Smart Industrial Park and NCT InnoSphere to its portfolio.

TheStar(Jan 2026)

Big gains likely for Sunway shareholders from listing of healthcare arm

HLIB Research said Sunway could receive close to RM900 million from the planned listing of Sunway Healthcare Holdings and redeploy the proceeds into higher-return businesses, especially property. The listing is expected by March 2026 and would dilute Sunways stake from 84% to about 69.5%. The research house expects continued earnings growth, improved transparency from consolidating SHH post-listing and maintained its buy call on Sunway.

EdgeProp(Jan 2026)

GuocoLand posts lower 2Q profit as property contributions ease

GuocoLand reported a 9.48% decline in 2QFY2026 net profit to RM6.67 million despite higher revenue, due to reduced contributions from completed projects. Revenue rose supported by strong sales, improved hotel performance and higher occupancy. First half profit increased, and the group expects moderate property market growth while focusing on inventory disposal and new developments.

EdgeProp(Jan 2026)

Chin Hin Group Property enters 2026 with RM2.3 bil unbilled sales and expanded residential pipeline

Chin Hin Group Property entered 2026 with RM2.3 billion in unbilled sales, providing earnings visibility through FY2027. The group recorded strong growth supported by higher sales and project progress, while expanding its landbank with new acquisitions adding RM3.5 billion GDV. It expects resilient demand for mid market residential products and plans to launch new projects while focusing on delivery and operational efficiency.

EdgeProp(Jan 2026)

Iconic Worldwide secures over RM75m in rental revenue from Batu Kawan factory lease

Iconic Worldwide secured over RM75 million in rental income through a long term lease of its Batu Kawan factory to Aperion Technologies. The lease spans six years with an option to extend, potentially increasing total rental income significantly. The move supports the groups strategy to unlock value from existing assets and strengthen recurring income, enhancing financial stability and profitability.

TheStar(Jan 2026)

Glomac to sell land for RM97mil

Glomac is disposing of two vacant leasehold parcels in Puchong to Sunway Kiara for RM97.3 million. The company said the consideration implies a RM19.12 million premium over the properties combined net book value of RM78.18 million as at April 30, 2025. Glomac added that the price, though below market valuation, is reasonable given the purchasers financial credibility. The buyer is a wholly owned subsidiary of Sunway City.

EdgeProp(Jan 2026)

Paramount to acquire 2.62-acre freehold land in Putrajaya for RM40 mil, plans RM323 mil project

Paramount is acquiring a 2.62-acre freehold site in Putrajaya for RM40 million to develop a high-rise residential project with GDV of RM323 million. The site is near Putrajaya Sentral transport hub and will be funded via internal funds and borrowings.

EdgeProp(Jan 2026)

Property developer JRK Holdings seeks ACE Market listing

JRK Holdings plans to list on the ACE Market to raise funds for working capital and expansion. The company focuses on residential and commercial developments in the Klang Valley and has several ongoing and planned projects. IPO proceeds will support construction, marketing and land acquisition, positioning the group for future growth.

TheStar(Jan 2026)

Kuchai Development to exit Bursa

Bursa Malaysia approved Kuchai Developments voluntary withdrawal from the Main Market effective Jan 22, 2026. The delisting follows the companys Sept 2025 proposal under listing rules and still requires at least 75% shareholder approval at an extraordinary general meeting, with no more than 10% opposing. The company said Bursa Securities had informed it that the entire issued share capital would be removed from the official list upon the withdrawal taking effect.

EdgeProp(Jan 2026)

Sunway unit plans RM10b sukuk wakalah to fund working capital debt refinancing

Sunway plans to establish a RM10 billion sukuk wakalah programme to fund working capital, capital expenditure and debt refinancing. The programme provides financial flexibility to support expansion and corporate activities. Proceeds will also be used for investments and inter company funding within the group, strengthening its overall financial position.

EdgeProp(Jan 2026)

WM Senibong acquires 270-acre land parcel with golf club in Johor

WM Senibong has acquired approximately 270 acres of land in Johor for about RM400 million with GDV of RM6 billion. The site will be developed into a mixed-use township, supporting long-term growth.