News by Surin Murugiah

Radium said that since 2013, it has delivered high-rise residential projects worth RM1.49 billion in GDV, all strategically located within Kuala Lumpur.

Crest Builder Holdings Bhd has secured a construction contract worth RM250.52 million from Sime Darby Property (Bukit Raja) Sdn Bhd.

The Malaysia Budget & Business Hotel Association (MyBHA) has urged the government to immediately reintroduce a strict standard operating procedure (SOP) as a preparedness measure in addition to ensuring that Malaysia becomes a destination of choice for foreign tourists to visit.

On Dec 20, the Dewan Rakyat unanimously approved the 2023 Mini Budget and the Consolidated Fund (Accountable Expenditure) Bill 2022.

OCR Land Holdings Sdn Bhd has topped up the YOLO Signature Suites of its RM284.9 million gross development value project in Bandar Sunway.

GDB Holdings Bhd has secured a RM247 million design-and-build contract to construct a logistic hub in the Bandar Bukit Raja 2 Industrial Park in Klang.

Scientex Bhd's net profit for the first quarter ended Oct 31, 2022 (1QFY2023) rose 4.2% year-on-year to RM107.18 million from RM102.87 million, on the back of an 11% rise in revenue.

NCT executive chairman and group managing director Datuk Seri Yap Ngan Choy said the strong performance was mainly due to the resumption of economic activities and the reopening of national borders.

Eversendai Corp Bhd's net loss for the third quarter ended Sept 30, 2022 (3QFY2022) ballooned to RM96.27 million from a net loss of RM14.82 million a year earlier, mainly due to under-utilisation of the group’s fabrication facilities, as well as a weakening ringgit.

AME Elite Consortium Bhd's net profit for the second quarter ended Sept 30, 2022 (2QFY2023) rose more than fourfold to RM45.81 million, from RM9.76 million a year ago, on stronger progress in its industrial parks and fair value gains from disposal of industrial properties.