Mudajaya continues losing streak in 1Q
Mudajaya Group Bhd started its financial year 2017 with a net loss of RM26.75 million in the first quarter ended March 31 (1QFY17), no thanks to having to account for its associates' losses, while revenue fell.
Auditor casts going concern doubts on Damansara Realty
It draws attention to the RM27m net loss incurred in FY16.
Voir shares rise on possible diversification into construction, logistics
Voir Holdings Bhd shares are back on the uptrend after the group said it is considering diversifying into construction and logistics.
YTL Land posts 3Q net profit of RM19m
YTL Land & Development Bhd posted a net profit of RM18.96 million or 1.57 sen per share in the third financial quarter ended March 31, 2017 (3QFY17), compared to a net loss of RM8.11 million or 0.44 sen loss per share a year ago.
Matrix Concepts plans to raise RM250 mil via sukuk
Matrix said it has lodged with the Securities Commission Malaysia to establish a sukuk wakalah programme, which will have a tenure of seven years.
TSR Capital plans mixed development in Port Dickson with US-based Globe Ventures
The development would comprise residential, resorts and hotels, commercial and corporate buildings tailored for the tourism and services industry.
First tender for KL-Singapore high-speed rail assets up in 4Q2017
The first tender for the KL-Singapore high-speed rail (HSR) project will be called for by an assets company (AssetsCo) in the final quarter of 2017, said Land Public Transport Commission (Spad) chairman Tan Sri Syed Hamid Albar.
Scientex to raise up to RM362 mil for manufacturing, property businesses
The expected proceeds from the placement, which could involve up to 46.36 million shares, are based on an indicative issue price of RM7.80 per placement share, said Scientex in a bourse filing yesterday.
Sunsuria buys controlling stake in construction firm with CIDB licence
Sunsuria Bhd hopes to have access to infrastructure and development projects in the government and private sector through its acquisition of a controlling stake in a firm that holds a Construction Industry Development Board licence.
Analysts hold S P Setia's earnings forecast pending Singapore project launch
Analysts are holding their earnings forecast for S P Setia Bhd after it won the tender for a plot of prime land in Singapore, amid concern over the group’s valuation due to the high cost of the land.
