Strong showing likely for Genting Plantations in 2H


Maybank IB Research expects the contributions from both U.Reka and GIC to positively impact Genting Plantations’ bottom line in the coming years.

PETALING JAYA: Genting Plantations Bhd is set to record stronger property earnings from the second half of this year (2H25) and into 2026, supported by the successful launches and construction progress of its key developments in Johor, analysts say.

According to Maybank Investment Bank Research (Maybank IB Research), Genting Plantations’ property division is well-positioned to benefit from strong demand for its mixed-use township developments in Kulai and Batu Pahat in Johor, underpinned by unbilled sales and positive market sentiment linked to regional economic initiatives.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit eases vs greenback on profit-taking after recent gains
ACE Market-bound HSS signs underwriting deal with M&A Securities for IPO
Sunway appoints Wahid Omar as independent non-executive director
Dialog begins expansion works on Phase 3 of Pengerang Deepwater Terminals
Tropicana redeems Sukuk Tranche 5 RM133.2mil
Wall Street futures hold steady with earnings in focus
Tuju Setia unit bags RM359.28mil construction job from Sime Darby Property
Profit-taking drags Bursa Malaysia to end lower
Zetrix AI, CAICT launch blockchain trust layer for AI agents
Express Powerr subsidiary inks collaboration on power generation project in Lombok

Others Also Read