The stronger profit was mainly due to higher contributions from two segments — property, and financial services and investment holdings — which offset lower contributions from its construction, industries and hospitality segments, it said in a stock exchange filing.
Quarterly revenue fell 4.66% to RM514.65 million from RM539.79 million a year ago, mainly due to lower revenue recognition from its engineering and construction segment.
The Battersea Power Station phase 2 and phase 3 projects are now targeted to be completed by 2021
Expertise may be lost if there is no plan for the Circle Line by 2022 — group MD.
Che Khalib said the proposal provides an alternative for reducing the project cost, which is at RM45 billion under the original plan. However, he is tight-lipped about the cost reduction, adding the proposal is a completely different solution.
The US government had returned US$57.04 million (RM236.72 million) given up by Red Granite Pictures, a US-based film production company linked to former prime minister Datuk Seri Najib Razak and his stepson Riza Aziz.
Thomas said the first tranche of returned funds of US$57.04 million (RM233.7 million) was credited into the 1MDB asset recovery account, a segregated trust account opened specifically for this purpose.
To undertake mechanical and electrical works for the construction of a 41-storey office suites in Bandar Sunway, Selangor.
"The turnaround plan is to ensure we can recover money that we paid to contractors, as much as possible, in order for us to meet all our obligations and liabilities," said PR1MA chairman Tan Sri Eddy Chen.
Kimlun said its wholly-owned Kimlun Sdn Bhd secured the job from Rexpoint Resources Sdn Bhd.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
