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News by Ahmad Naqib Idris

news

Mitrajaya's 3Q net profit surges 97% on higher construction contribution

25 November, 2015

Mitrajaya said the significantly better performance for the quarter was due to higher contribution from the construction division and its South Africa investment.

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news

MRCB 3Q net profit falls 79.4% on lower revenue

20 November, 2015

MRCB saw its revenue for 3QFY15 fall 24.8% to RM374.06 million from RM497.26 million in 3QFY14.

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news

Two bidders shortlisted for Bandar Malaysia stake sale

13 November, 2015

One said to be a China-led consortium, another a Singapore-led one.

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news

Selangor Dredging associate to sell London asset for RM85.8 mil

12 November, 2015

According to SDB's filing, the property, which is currently let to HSBC Bank Plc on a 15-year full repairing and insuring lease, will be sold for a total consideration of £13 million.

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news

BIG DEAL: IOI Properties buys land worth RM1.58 bil from controlling shareholders

20 October, 2015

IOI Properties Group Bhd is acquiring Mayang Development Sdn Bhd and Nusa Properties Sdn Bhd for RM1.58 billion from the Lee family, under a cash and share deal.

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news

Eco World sticks to 1Q2016 launch date for RM8.7 bil Bukit Bintang City Centre

15 October, 2015

Eco World chief executive officer Datuk Chang Khim Wah said the sales gallery for the development is currently under construction, and will be open to the public soon.

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news

MMC Corp looking to expand businesses in Iskandar Malaysia

29 September, 2015

The group’s operating companies in Johor include PTP, Johor Port, Senai Airport City, Senai Airport Terminal Services and Seaport Worldwide.

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news

CIMB views Eco World's RM15 bil gumption 'positively'

23 September, 2015

Kenanga Investment Bank Bhd said it was "longer-term positive" on Eco World's land buy, as long as the group was able to secure the right partners, and assumes an associate stake in the project.

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news

CIDB, eight others to standardise engineering measures

28 August, 2015

Lack of uniform standards had resulted in higher building costs.

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news

Hektar REIT 2Q realised net income up 3.4%, pays 2.6 sen DPU

14 August, 2015

In a filing on Bursa Malaysia today, Hektar REIT said its revenue for 2QFY15 was RM30.9 million, up 2.6% from RM30.2 million in 2QFY14

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