News by Sulhi%20Azman

OSK Holdings Bhd has proposed to issue up to 820.31 million bonus shares to reward its shareholders, while expanding its share base.

Enra said the property development division saw a lower profit due to sales of inventory units of Shamelin Star, which were completed in the previous financial year.

Mohd Isa was arrested after being questioned at the MACC headquarters in Putrajaya, where he arrived with two of his lawyers at 2.40pm today .

FGV wants to offer its expertise in providing integrated logistics services with parties involved in the development of the ECRL project.

Impending contracts for the project expected to benefit both small and large contractors, says analyst.

On prospects, Bina Darulaman said its core businesses, particularly the property development, are expected to record “respectable performance” for the financial year ending Dec 31, 2017 (FY2017)

Sime Darby said its wholly-owned subsidiary Sime Darby Property Bhd inked the share sale agreement with PNB's unit PNB Development Sdn Bhd.

Kerjaya Prospek also announced today that its 70%-owned subsidiary Future Rock Sdn Bhd has accepted a letter of award from China Communications Construction Company (M) Sdn Bhd for a sub-construction job in Penang worth RM45.95 million.

The special audit, which is being carried out by Ferrier Hodgson MH Sdn Bhd who was appointed on May 2, was initially supposed to be completed in two months.

The group nearly quadrupled its net profit to RM70.31 million in FY17 from RM17.69 million in FY16, mainly due to higher property sales.