IOI Properties posts weaker 1QFY2025 net profit as interest expense eats into margins
The higher interest expense follows the completion of IOI Central Boulevard Towers in April 2024.
Haily clinches RM115m contract for Johor residential project, largest in 2024
The project in Bandar Baru Permas Jaya spans two phases, comprising 184 units of double-storey cluster houses, 12 units of double-storey semi-detached houses, and two double-storey bungalow houses.
KJTS 3Q net profit drops 46% as administrative expenses increase
Net profit for the quarter ended Sept 30, 2024 (3QFY2024) dropped to RM2.01 million from RM3.76 million previously.
IJM Corp announces RM283m deal to buy 50% stake in UK-based JRL
IJM Corp said the transaction involves its subscription to 50% of the enlarged equity interest in JRL.
KLCCP Stapled Group’s 3Q net profit rises 11%, declares 9.2 sen dividend
KLCCP Stapled Group (KL:KLCC) said its third-quarter net profit rose 11.44% year-on-year, driven by strong performances across its business segments, particularly the retail and hotel division.
COA allows admission of RM525m property sale evidence in Crest winding-up termination appeal
The Court of Appeal (COA) here on Monday allowed the liquidator of Crest Worldwide Resources Sdn Bhd to adduce fresh evidence in SKN Land & Development Sdn Bhd’s (SKN L&D) appeal against the High Court’s decision to dismiss an application to terminate Crest’s winding-up.
Phase one of KL Wellness City mixed-use development in Bukit Jalil is 40% completed
The first phase of the 26.5-acre KL Wellness City mixed-use development in Bukit Jalil is 40% completed, said KL Wellness City executive director of branding, sales and marketing Datuk Seri Vincent Tiew at a press conference at KL Wellness City Gallery on Monday.
S P Setia records 3Q2024 profit before tax of RM853 mil, successfully unlocks value from land deals
For the nine months ended Sept 30, 2024 (3Q2024), S P Setia Bhd reported a profit before tax (PBT) of RM853 million.
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Radium to acquire 13 acres of land in Cheras for RM458 mil
Radium Development Bhd, through its indirect wholly-owned subsidiary Radium J Velodrome Sdn Bhd, has entered into a conditional sale and purchase agreement to acquire three parcels of contiguous leasehold land in Cheras for RM458 million.
IJM Corp may acquire 50% stake in troubled UK construction firm JRL
IJM Corporation Bhd (KL:IJM) may acquire a 50% stake in financially troubled UK-based construction firm JRL Group, according to multiple news reports.
