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      UEM Sunrise says no profit erosion from construction cost hike this year

      UEM Sunrise says no profit erosion from construction cost hike this year

      He said in a virtual briefing that the hike in construction cost is something that he has expected, and that it has no impact on the group's components this year.

      May 26, 2022
      Innovative design solutions for today’s homebuyers

      Innovative design solutions for today’s homebuyers

      In 2019, the Group introduced the EcoWorld For Generations programme to communicate its commitment to offer properties to suit the needs of every generation, from both demographic and psychographic aspects. The places and homes are co-created based on shared interests, lifestyles, passions and the needs in different geographical locations – that will serve you and your loved ones for generations.

      May 25, 2022
      SunCon kicks off FY22 with stronger 1Q profit on improved construction margin

      SunCon kicks off FY22 with stronger 1Q profit on improved construction margin

      Earnings per share rose to 2.68 sen from 1.57 sen last year, according to the construction firm’s bourse filing. Revenue grew 37.23% to RM624.66 million from RM455.2 million, on improved contributions from both its construction and precast businesses. No dividend was declared.

      May 26, 2022
      KPower Healthcare aims to acquire 11 hospitals in Indonesia

      KPower Healthcare aims to acquire 11 hospitals in Indonesia

      KPower Healthcare chief executive officer Muhamad Badzli Abu Bakar said the company hopes to conclude the deal for three to five of the hospitals this year.

      May 26, 2022
      RM800 mil for 'mid-life refurbishment' of Kelana Jaya LRT line

      RM800 mil for 'mid-life refurbishment' of Kelana Jaya LRT line

      He said it involved level four maintenance, repair and overhaul (MRO) of the 28 sets of 818 series trains, which is an important process to extend the life span of the trains.

      May 26, 2022
      UEM Sunrise returns to profit as revenue jumps on land sale gain, higher property sales

      UEM Sunrise returns to profit as revenue jumps on land sale gain, higher property sales

      The improved revenue — an increase of 64.8% to RM416.45 million, from RM252.69 million previously — was also due to higher progress billings and construction progress from local developments, its bourse filing showed.

      May 26, 2022
      IOI Properties 3Q net profit drops 67% y-o-y but revenue grows

      IOI Properties 3Q net profit drops 67% y-o-y but revenue grows

      However, quarterly revenue in 3QFY22 grew 27.44% to RM737.79 million from RM578.95 million in 3QFY21 mainly attributable to better performance contributed from all business segments.

      May 26, 2022
      E&O returns to the black in FY2022

      E&O returns to the black in FY2022

      However, revenue in FY2022 eased to RM140.49 million against RM304.73 million in FY21.

      May 26, 2022
      Tropicana sinks into the red in 1Q, dragged down by hotel business

      Tropicana sinks into the red in 1Q, dragged down by hotel business

      The property developer’s quarterly revenue slipped 7.16% to RM223.3 million in 1QFY22 from RM240.53 million a year ago, mainly attributed to lower progress billings across its key projects in the Klang Valley and Southern Region of Malaysia compared with 1QFY21, according to a bourse filing on Wednesday (May 25).

      May 26, 2022
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