Matrix Concepts proposes one-for-two bonus issue
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.
YTL Corp’s net profit falls 36% in 1Q as YTL Power’s earnings decline
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.
Remeasurement gain from JV helps lift WCT's 3Q net profit despite revenue dip
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.
Batu Kawan falls into the red as KLK reports record low profit on one-off losses, impairments
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.
E&O yet to see impact from revamped MM2H programme on property sales, says MD
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.
DONE DEAL: Condo unit, Park Regent, Desa ParkCity, Kuala Lumpur
Noteworthy:
- Freehold
- Built-up size: 2,573 sq ft
- Floor level: low
- 4 bedroom, 6 bathrooms
- Semi-furnished
- Nearby amenities: Damansara Specialist Hospital 2, Plaza Arkadia, The Waterfront @ ParkCity, The International School @ ParkCity, Sri Bintang Hill Trail, MRT Sri Damansara Sentral
- Accessibility: LDP, NKVE, DUKE, MRR2, SPRINT Penchala Link, DASH
When: August 2024
Analysts positive on IJM Corp's investment in JRL as it paves way to UK construction jobs
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 Concepts 2Q net profit gains over 5% on disposal gain, pays 2.75 sen dividend
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 launches Pavonia terrace homes in Bukit Bandaraya
Worldwide Holdings Bhd, through its Property Division (Worldwide Property), launched its Pavonia homes in Bukit Bandaraya.
Mara Inc bought overvalued properties in London and Melbourne — PAC
The properties include Dudley International House, an eight-floor student dormitory at 51 Queen Street, and 333 Exhibition Street in Melbourne, purchased in 2013.
