The group said net profit dropped 32.54% to RM8.12 million from RM12.04 million in 3QFY21, as revenue fell 17.82% to RM81.67 million from RM99.39 million.
In a bourse filing on Thursday (March 17), Vizione said it has entered into a memorandum of understanding (MoU) with HWGE to explore cooperation in the potential venture.
Sunway secures RM616.66m surety bond facility for residential development housing project in Singapore
Sunway said Berkshire through its branch in Singapore will issue a qualifying certificate bond of S$37.1 million (approximately RM114.39 million) that is 10% of the price of the land in Yew Siang Road, Singapore acquired by Hoi Hup Sunway Kent Ridge Pte Ltd (HHSKR), an associate company of Sunway, in favour of Singapore Land Authority (LDAU)
This is after Transport Minister Datuk Seri Dr Wee Ka Siong in his speech said that the government is looking for ways to integrate all the train lines in the Klang Valley — Mass Rapid Transit (MRT), Light Rail Transit (LRT), Monorail, Keretapi Tanah Melayu Bhd (KTM) and the East Coast Rail Link (ECRL).
Speaking at MRT Corp’s media briefing, its chief executive officer Datuk Mohd Zarif Hashim (pictured) said the project’s construction cost is expected to be RM31 billion pending confirmation after the completion of the open tender exercise.
The minister told the media that the jobs will be awarded in the fourth quarter of this year.
The resignation is with effect from Monday (March 7), MRT Corp said in a statement on Thursday. “MRT Corp takes this opportunity to express our gratitude for the commitment and invaluable contribution made by Datuk Wira Azhar during his tenure and wishes him the very best in his future endeavours,” the company added.
This is after, among others, the creation of an industrial development fund (IDF), which will be part of the investment and asset manager business under Sime Darby Property’s SHIFT 25 business model.