News by M

Even with 2,492 acres of land already in hand, Mah Sing Group Bhd has hinted at its desire to continue amassing land or seeking more joint venture initiatives to develop more homes in the future.

The latest data from the Statistics Department shows that the inflation, as measured by the Consumer Price Index (CPI), eased further to 1.1% y-o-y in July from 1.6% y-o-y in June. The reading came in slightly below consensus expectations of a 1.2% increase.

CEO expects RM2b order book target for the year to be surpassed

It aims to pay out 25% to 30% of its net profit as dividends while conserving cash for landbank replenishment.

On disposal gain, pays 4 sen dividend...

WCT reiterated its guidance for RM2 billion job wins in financial year 2016 (FY16).

Telekom Malaysia Bhd (TM) is collaborating with Aspen Vision All Sdn Bhd, a subsidiary of Penang-based Aspen Vision Development Sdn Bhd (Aspen Group), to facilitate the deployment of Smart City services and converged IT and ICT services for the Aspen Vision City development in Bandar Cassia, Batu Kawan, Penang.

Daiman Development Bhd's net profit for the fourth quarter ended June 30, 2016 (4QFY16) fell 56.36% to RM5.86 million or 2.78 sen per share from RM13.43 million or 6.38 sen per share last year.

Sime Darby Property Bhd, the property arm of conglomerate group Sime Darby Bhd, will be launching Senada Residences, which forms a part of the rebranded RM8 billion gross development value (GDV) Alya Kuala Lumpur, in September.

UOA Development Bhd's net profit for the second quarter ended June 30, 2016 (2QFY16) surged 80.2% to RM124.2 million or 8.17 sen per share from RM68.9 million or 4.82 sen per share a year ago mainly due to ongoing development projects.