<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 19): Vestland Bhd (KL:<a href="/askedge/klse/0273" class="ce-stock" target="_blank">VLB</a>) has secured a RM65 million contract to undertake piling and substructure works for a serviced apartment in Jalan Pavilion, Kuala Lumpur.</p></div>

<div class=newsTextDataWrapInner><p>In a bourse filing on Friday, the company said the contract was awarded to its wholly owned subsidiary, Vestland Infra Sdn Bhd, by Scanwolf Trading &amp; Construction Sdn Bhd.</p></div>

<div class=newsTextDataWrapInner><p>The job involves the design and build of the foundation system, including piling and substructure works for a block of 74-storey serviced apartment, including car parks, basement, shop lots, and related facilities.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Vestland said the two-year contract is expected to contribute positively to its earnings and net assets over the duration of the project.</p></div>

<div class=newsTextDataWrapInner><p>Vestland reported a net profit of RM8.08 million for the first quarter ended March 31, 2026, up from RM7.81 million a year earlier. Revenue rose 26.73% to RM199.48 million from RM157.4 million.</p></div>

<div class=newsTextDataWrapInner><p>As at March 31, Vestland had a net debt position of RM395.97 million with cash and cash equivalent of RM20.67 million, exceeding borrowings of RM416.64 million.</p></div>

<div class=newsTextDataWrapInner><p>Vestland shares closed up two and a half sen or 4.59% at 57 sen, valuing the company at RM538.3 million. Over the past one year, the stock has gained 26.67%.</p></div>


Vestland Bhd (KL:VLB) has secured a RM65 million contract to undertake piling and substructure works for a serviced apartment in Jalan Pavilion, Kuala Lumpur.

Vestland secures RM65 mil piling works contract in Kuala Lumpur

Executives at Jefferies Financial Group Inc were sounding increasingly irate.

Inside Jefferies’ months-long tussle with Glencore over Radiant World

Prime Minister Datuk Seri Anwar Ibrahim will meet DAP secretary general Anthony Loke soon to hear his views before deciding on the latter's offer to resign as transport minister.

PM to meet Anthony Loke to discuss resignation as transport minister 

Ukraine launched what Moscow's mayor called the biggest drone attack yet on the Russian capital on Sunday, as Russians voted on the final day of a parliamentary election that President Vladimir Putin has cast as a test of support for the war in Ukraine.

Ukraine launches biggest Moscow drone attack as Russia votes

We, the members of G25, are once again deeply shocked and dismayed by the decision of the Pardons Board to grant a further conditional pardon to former prime minister Datuk Seri Najib Razak, allowing him to serve the remainder of his custodial sentence under house arrest. This follows the Pardons Board’s decision in 2024 to halve his 12-year prison sentence to six years and reduce his RM210 million fine to RM50 million, an astounding 76% reduction.

G25 statement on Datuk Seri Najib Razak’s conditional pardon

Former prime minister Datuk Seri Najib Razak said he is still looking for ways to pay the fine previously imposed to meet the terms of his conditional pardon.

Najib says assets, accounts still frozen as he thanks King for mercy — lawyer

Chinese DRAM chipmaker CXMT said on Sunday its fifth-generation technology platform had entered mass production, a claimed breakthrough that could help China build a stronger competitor to Samsung Electronics, SK Hynix and Micron Technology in the global market for memory chips.

China's CXMT says new memory-chip platform enters mass production

At the end of World War II, the US Navy was by far the world’s largest. As late as 1975, the United States remained a major shipbuilding power, although its preeminence had already begun to diminish. By the end of the 20th century, however, American shipbuilding was in steep decline, despite government efforts to revive it.

America’s Naval Disaster: Making Globalisation Work

Venezuela and TotalEnergies SE signed a memorandum of understanding on Saturday, setting up the French company for a return to operations in the South American country.

Venezuela, TotalEnergies pave way for oil company’s return

Humanity’s desire to delve into the unknown has long shaped how we see and experience the world, from the wilderness to outer space. In this season’s fashion spread, Options takes that instinct for discovery as its starting point, reimagining Autumn/Winter 2026 collections through the lens of adventure.

Window of opportunity

In City & Country's Sept 21 cover story, CPI Land Sdn Bhd is rolling out its second launch of the year — a 50-acre landed residential development located in Selayang, Selangor.

Completing Taman Selayang Mulia

<p>Former prime minister Datuk Seri Najib Razak said he is still looking for ways to pay the fine previously imposed to meet the terms of his conditional pardon.</p>


<p>We, the members of G25, are once again deeply shocked and dismayed by the decision of the Pardons Board to grant a further conditional pardon to former prime minister Datuk Seri Najib Razak, allowing him to serve the remainder of his custodial sentence under house arrest. This follows the Pardons Board’s decision in 2024 to halve his 12-year prison sentence to six years and reduce his RM210 million fine to RM50 million, an astounding 76% reduction.</p>


<p>Chinese DRAM chipmaker CXMT said on Sunday its fifth-generation technology platform had entered mass production, a claimed breakthrough that could help China build a stronger competitor to Samsung Electronics, SK Hynix and Micron Technology in the global market for memory chips.</p>


<p>Venezuela and TotalEnergies SE signed a memorandum of understanding on Saturday, setting up the French company for a return to operations in the South American country.</p>


<p>Prime Minister Datuk Seri Anwar Ibrahim will meet DAP secretary general Anthony Loke soon to hear his views before deciding on the latter's offer to resign as transport minister.</p>


<p>At the end of World War II, the US Navy was by far the world’s largest. As late as 1975, the United States remained a major shipbuilding power, although its preeminence had already begun to diminish. By the end of the 20th century, however, American shipbuilding was in steep decline, despite government efforts to revive it.</p>


<p>Ukraine launched what Moscow's mayor called the biggest drone attack yet on the Russian capital on Sunday, as Russians voted on the final day of a parliamentary election that President Vladimir Putin has cast as a test of support for the war in Ukraine.</p>


<p>Executives at Jefferies Financial Group Inc were sounding increasingly irate.</p>
