News by Ahmad Naqib Idris

LBS Bina 3Q net profit rises 11% on higher property development contribution

“Projects which contributed to the revenue and pre-tax profit were Bandar Saujana Putra, Desiran Bayu, LBS Alam Perdana, D’Island Residence, Zenopy Residences, Cameron Golden Hills, Midhills, Bandar Putera Indah, Residensi Bintang Bukit Jalil, Cameron Centrum and Sinaran Mahkota,” it said in a filing.

18 January, 1970

Paramount 3Q net profit down 81%

In a filing to Bursa Malaysia, Paramount said its revenue grew by 12% year-on-year (y-o-y) to RM210.53 million from RM187.84 million on higher contribution from the property division.

18 January, 1970

Paramount 3Q net profit drops 81% to RM15.62m

Segmentally, its property division’s pre-tax profit increased 88% to RM28.1 million from RM14.9 million a year earlier, contributed by Utropolis Glenmarie’s serviced apartments in Shah Alam and Utropolis Batu Kawan’s residential and commercial developments.

18 January, 1970

Don’t lie, Amar Singh tells Justo

“Our investigations were focused on the alleged theft of data relating to PetroSaudi and 1MDB, and the subsequent attempt to sell/extort to/from third parties with an intent to affect the security of the country, not on your character or who is the best prime minister," he said.

18 January, 1970

Revised 11MP lauded but execution remains key

The plan is now more pragmatic and realistic — economists. Some point out that the government’s intention to strengthen the procurement framework by encouraging competition to avoid contract monopolies and direct negotiations could also help in lowering expenses.

18 January, 1970
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