{
  "id": 16871466,
  "title": "Matrix Concepts' Kulai project to deliver RM47.3mil annual profit from FY29",
  "url": "https://urgent.news/2026/10/28/matrix-concepts-kulai-project-to-deliver-rm47-3mil-annual-profit-from",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T07:53:37.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/property/2026/10/1565502/matrix-concepts-kulai-project-deliver-rm473mil-annual-profit-fy29"
  },
  "original_language": "en",
  "account": null,
  "summary": "KUALA LUMPUR: Matrix Concepts Holdings Bhd’s proposed RM2.1 billion mixed development in Kulai, Johor, could generate an average annual net profit of RM47.3 million from financial year 2029 (FY29), Hong Leong Investment Bank Bhd (HLIB) said.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}