S P Setia has also recommended an interim single-tier dividend of four sen per share in respect of FY15 — consistent with the prior year’s payout
The construction player, who diversified into the property sector last year, intends to undertake three residential development projects in the country with a projected total gross development value (GDV) of RM728 milllion
Mah Sing said it plans to develop serviced residences, office towers, shop offices, retail lots, a retail mall and a hotel on the land.
IGB REIT said the distributable income, which translates to a distribution per unit (DPU) of 2.18 sen per unit
Revenue for the quarter improved 3.6% to RM312.3 million from RM301.5 million last year, underpinned by higher revenue recognition across key projects and proceeds from land sales