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News by Tan Xue Ying

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Cagamas issues RM410 mil bonds

07 August, 2017

Cagamas said its one-year RM410 million scheme comprised RM180 million worth of conventional medium term notes and RM230 million Islamic medium term notes.

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ML Global bags RM38m MBI Selangor contract

08 August, 2017

ML Global has bagged a demolition and reconstruction works contract for Menteri Besar Selangor Incorporated (MBI Selangor) worth RM38 million.

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MRCB-Quill REIT 2Q net income up 43%, declares 4.23 sen DPU

11 August, 2017

The annualised 1HFY17 DPU translates to a yield of 6.46% based on MQREIT's closing price of RM1.31 on June 30.

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Econpile hits fresh all-time high as FY17 net profit rises 20%

24 August, 2017

The counter touched a high of RM3.03 before settling at RM3 on market close, giving it a market capitalisation of RM1.59 billion.

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SHL eyes Myanmar affordable housing market

24 August, 2017

SHL Consolidated Bhd's joint venture with Japan-based Marubeni Corp is looking at tapping into Myanmar's affordable housing market.

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IWCity posts small profit in 2Q

25 August, 2017

IWCity registered a net profit of RM147,000 for 2QFY17, compared with a net loss of RM3.82 million in the corresponding quarter last year.

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MCT 4Q profit up 38%, FY17 profit dips 18%

26 August, 2017

The group attributed its project mix as the driver of the increase in its final quarter profit, as gross profit margin stayed relatively flat at 40%, compared with 39% last year.

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Eversendai logs RM20.6 mil profit for 2Q on absence of impairment, forex losses

28 August, 2017

Moving forward, the group said it is "confident to achieve higher revenue and profitability", judging from its RM2.7 billion order book as at end June 30.

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Ho Hup profit almost halves in 2Q amid higher finance cost, lower revenue

29 August, 2017

The group remains cautious for its property development division, and will only proceed with launches of its Kota Kinabalu, Kulai and Bukit Jalil projects after pre-sales information shows improvement in market sentiment.

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Sunway may hop on tech bandwagon, eyes M&A for core biz

30 August, 2017

"We cannot just sit by and not do anything about it (disruptive technology), therefore we are also going into this area of technology to enable us to perform better," said Sunway's founder cum chairman, Tan Sri Dr Jeffrey Cheah.

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