MQREIT 4Q earnings slump to RM3.32m, proposes final gross income distribution of 4.16 sen
Reviewing its performance, MQREIT said property operating expenses were higher by 18.6%, due to the inclusion of Menara Shell.
Reviewing its performance, MQREIT said property operating expenses were higher by 18.6%, due to the inclusion of Menara Shell.
At 9.05am, Ewein fell 1.5 sen to 43.5 sen with 477,800 shares done.
“Why is the finance ministry participating in the aggravation of the property glut in the country?”
At 9am, MCT was up 3.5% to 88 sen with 236,900 shares traded.
At 9.13am, Vivocom rose 1 sen to 14.5 sen with 11.18 million shares traded.
At 9.05am, SDB rose 13 sen to RM1.19 with 1.26 million shares done.
Wisma MPL is one of MPCorp's two core assets, besides the 490-acre (198ha) tract it owns in Johor.
“Rail contracts newsflow in 1H18 could lift sentiment and further catalyse the stock."
The group made a net loss of RM145.99 million in the second financial quarter ended Oct 31, 2017 (2QFY18) compared with a net profit of RM176.51 million a year ago.
"For next year, we have tendered for RM5 billion worth of projects that are mostly infrastructure; we can easily target a 50% success rate," said managing director Tan Sri Lim Keng Cheng.