News by Syafiqah Salim

Meanwhile, executive deputy chairman Datuk Lim Siang Chai has been redesignated as executive director.

KIP REIT’s portfolio of assets comprises six community-centric malls strategically located in Bangi in Selangor, Tampoi, Kota Tinggi and Masai in Johor, Senawang in Negeri Sembilan and Melaka.

Retail trade value rose 37.5% and wholesale trade value grew 20.6%.

WBSB is principally involved in construction and integrated facilities management activities.

There is a possible overhang for the construction sector amid the looming 15th general election (GE15), said RHB Research.

AMMB Holdings Bhd (AmBank) is seeing more demand in green financing this year, according to chief executive officer Datuk Sulaiman Mohd Tahir.

Pasukhas Group Bhd's wholly owned subsidiary, Pasukhas Sdn Bhd, has been awarded a contract for the supply, execution and completion of a data centre in Cyberjaya.

Paramount Corp Bhd's net profit jumped 5.6 times to RM9.12 million in the second quarter ended June 30, 2022 (2QFY22) from RM1.62 million in the same quarter a year ago, boosted by a higher revenue.

Chin Hin Group Bhd’s net profit for the second quarter ended June 30, 2022 (2QFY22) got a big boost from the revaluation of its 19.34% stake in Solarvest Holdings Bhd.

YTL Corp Bhd returned to the black in the fourth quarter ended June 30, 2022 (4QFY22) with a net profit of RM8.68 million, compared with a net loss of RM407.48 million in 4QFY21, on the absence of impairment losses under its property business, while contribution from its utilities business strengthened.