Kerjaya Prospek Property Bhd (KL:KPPROP) expects minimal impact from the hike in the minimum wage to RM1,700 from RM1,500, as announced by the government in Budget 2025.
Property developer Matrix Concepts Holdings Bhd (KL:MATRIX) has proposed a bonus issue of 625.67 million shares on the basis of one new share for every two shares held.
The net profit of YTL Corp Bhd (KL:YTL) fell by more than a third in the first quarter of its financial year, as contributions from its utilities business, represented by its 55.57% stake in YTL Power International Bhd (KL:YTLPOWR) declined.
WCT Bhd recorded a net profit of RM173.22 million for the third quarter ended Sept 30, 2024 (3QFY2024), compared with a net loss of RM13.54 million a year earlier, thanks to the remeasurement of interest in a jointly controlled entity amounting to RM184 million.
Kuala Lumpur Kepong Bhd (KL:KLK) reported a record low net profit for its fourth quarter, dragged by non-cash losses and an inventory write-down related to its investment in UK-listed speciality chemicals company, Synthomer Plc.
Property developer Eastern & Oriental Bhd (KL:E&O) said on Tuesday that it had yet to see notable impact from the revamped Malaysia My Second Home (MM2H) programme on its sales.
Noteworthy:
When: August 2024
With JRL having a substantial order book of £1.5 billion (RM8.5 billion), and expertise in rail-adjacent and over-railway development, the acquisition is expected to bolster IJM’s foothold in the UK and contribute to the diversification of its revenue streams.
Matrix said that during the quarter under review, it recorded a gain on disposal of property, plant, and equipment, as well as investment property amounting to RM11.5 million.
Worldwide Holdings Bhd, through its Property Division (Worldwide Property), launched its Pavonia homes in Bukit Bandaraya.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
