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HHRG Bhd is acquiring an additional 10% equity interest in Open Road (SP Circuit) Sdn Bhd from Jingshi Holdings (M) Sdn Bhd for RM5.5 million cash, lifting its stake to 61%.
HHRG said the move strengthens its control over Open Road, which is developing a drag strip–themed industrial park expected to benefit from industrialisation in northern Malaysia.
Keyfield trades at just 5.71x trailing P/E, well below regional peers. Coupled with a dividend yield of 7.28%, the stock offers both capital appreciation potential and steady income. The Carimin Acacia acquisition is expected to be earnings-accretive from FY2026, boosting margins and returns further.
SkyWorld will continue to build up sales momentum across its on-going projects, with their impressive average take-up rate of 60-80%, progress billings are expected to accelerate in 2HFY26
The net profit for the three months ended June 30, 2025 (2QFY2025), stood at RM6.92 million, down from RM8.7 million a year earlier, according to the ACE Market listed company's filing with Bursa Malaysia on Monday.
Revenue rose 43.89% to RM104.82 million from RM72.85 million, supported by higher revenue contributions from all its business segments.