Finance Minister: Malaysia on recovery path supported by reopening of economy
... and it is estimated to chart better growth for 2022.
Covid-19: Malaysia’s new cases at 19,378; with 4,394 infections in Klang Valley on Sept 3
Today's new confirmed cases brought the country's total number of Covid-19 cases to 1.81 million
Cahya Mata's suspended CFO’s contract ends
Syed Hizam has been suspended since May to facilitate investigations into allegations of possible financial mismanagement in relation to the group’s investments and operations.
UEM Edgenta swings back to profit in 2Q
It is also worth noting that its financial performance in 2QFY20 was dragged by an impairment recognised for completed property inventories totalling RM50 million.
Guocoland turns around in 4Q from last year, but q-o-q earnings plunge
On prospects, Guocoland expects it to be challenging due to reduced consumer capital spending in response to the raging pandemic, coupled with large overhang of unsold properties
UEM Sunrise 2Q loss narrows amid improved sales and higher construction progress
Property sales improved substantially to RM707 million in the first half compared to RM151 million in the same period last year, following the spillover of the positive momentum in the second half of 2020
Sunsuria 3Q net profit up 27% on higher contribution from property development business
The improved revenue, the group said, was driven by its ongoing property developments
Lai Voon Hon steps down as Ireka chairman after just 1.5 months at the helm
The group said Lai resigned from the position “to pursue other interest”
Avillion MD See Ah Sing ceases to be substantial shareholder in group
This follows his disposal of 116.60 million shares or a 12.32% stake in the integrated travel and hotel group on Aug 19.
SunCon 2Q net profit surges three folds on improved business performance
Quarterly revenue rose 167.7% to RM375.27 million, from RM140.18 million previously, underpinned by higher contribution from the construction and precast segments, as well as the low base effect, the group said in a bourse filing.
