Ideal United shares hit 13-year high after sharp rise in 2Q earnings
The group attributed the rise in net profit for the period ended June 30, 2018 (2QFY18) to good take-up rates for its I-Santorini, One Foresta and Forrestville projects.
Ewein 2Q net profit soars 273% on higher property sales
Ewein said revenue growth "was mainly contributed from property development segment for higher percentage of completion and property units sold".
Thriven sees thriving growth as new projects kick in
Thriven Global, Mulpha Land, Ghazie Yeoh Abdullah, Petaling Jaya, Residensi Enesta Kepong
Tambun Indah 2Q net profit down 23% on fewer on-going projects
The Penang-based property developer is adopting a cautious approach given the overall soft market condition.
E&O on active lookout for STP2 Phase 2A investors to raise cashflow
This is part of plans to raise substantial cashflow, while reducing its risk exposure, seeing it has another 507 acres of land to reclaim over a period of time.
E&O posts lower 1Q net profit as forex, JV losses weigh
Going forward, E&O said outlook for the property sector remains challenging with continuing tight mortgage financing, coupled with other global uncertainties.
AES contractors paid RM129m, ‘clean profit’ made — Transport Minister
"Whatever the amount, it made no difference because the government did not earn a single sen. There was no revenue from this agreement. It was lopsided deal signed by the previous government."
Privatisation of KL-S'pore HSR not an option, says Azmin
"Our priority is to reduce the government's expenditure, not increase our borrowings."
Najib says no objection to PAC reopening 1MDB probe
"I have nothing to object because we want to learn the truth. So, now if PAC wants to reopen (the) 1MDB (probe), it is their right but don't go on a fault-finding mode," Najib told reporters at the Parliament lobby today.
ECRL's opex will be RM600m to RM1b a year, says Guan Eng
The project, tasked to China Communications Construction Co, has been suspended and is under review; the discussion with Chinese parties after Council of Eminent Persons head Tun Daim Zainuddin's recent visit to China is showing results.
