Mah Sing Group Bhd expects a contribution of between RM300 million to RM350 million sales from its Penang property developments to the group’s overall revenue for the financial year ending Dec 31, 2015 (FY15).
MRCB-Quill Real Estate Investment Trust (MRCB-Quill REIT) posted a 59.22% rise in its realised net income in its second quarter ended June 30, 2015 (2QFY15) from RM8.56 million in the corresponding period last year.
Meda Inc said it was terminating the sale and purchase agreement (SPA) for the acquisition of the 3.9ha land in Tempat Sungai Sekamat in Cheras
Sector is still firmly backed by contractors’ healthy orderbooks that provide two to three years visibility, while its replenishment prospects and earnings were met by most contractors.
Project is in addition to the RM2 bil Penang Sentral transport hub in Butterworth
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