Chief financial officer Syed Agil Syed Hashim, who was only appointed last Monday (Aug 29), is appointed as the acting group CEO to assume the day-to-day management.
Poh Kong Holdings Bhd is acquiring two three-storey shoplots from The Lotus Corp Bhd for RM11.35 million in the Petaling Jaya New Town area.
Sunsuria Bhd net profit rose 17% to RM4.16 million for the third quarter ended June 30, 2022 (3QFY22) from RM3.57 million a year ago, as sales momentum rose amid normalising economic activities and the reopening of international borders.
Iskandar Waterfront City Bhd's (IWCity) net loss widened by 45% year-on-year for the second quarter ended June 30, 2022 (2QFY22) on lower level of work and billings achieved for its property development business.
Kerjaya Prospek Property net profit soars 41% in 2QFY22 as both property, hospitality segments improve
Kerjaya Prospek Property Bhd net profit grew 41% to RM21.72 million for the first quarter ended June 30, 2022 (1QFY23) from RM15.42 million a year ago as both property development and hospitality businesses performed better after the reopening of the economy.
Kerjaya Prospek Group Bhd's net profit grew 78% year-on-year (y-o-y) to RM28.54 million for the second quarter ended June 30, 2022 (2QFY22), from RM16 million previously, as revenue strengthened amid improved progress of construction work activities.
Tiong Nam Logistics Holdings Bhd has entered into a preliminary collaboration agreement with a unit of Johor Corp (JCorp) to jointly develop a logistics hub on a 300-acre plot of land in Sedenak Tech Valley, Johor.
Bank Negara Malaysia is not likely to take an aggressive stance in normalising its monetary policy to the pre-pandemic level as it would risk disrupting the ongoing economic recovery.
Legoland Malaysia Resort has announced plans to enhance its theme park with new festive events and leisure activities, while also refurbish its Legoland Hotel rooms with new themes, to ride on the country’s tourism recovery.