KSL's 3Q net profit up 19.6% on higher sales
Property developer KSL Holdings Bhd (KL:KSL) posted a 19.63% rise in net profit for the third quarter, due to higher sales of properties in its flagship developments in Johor Bahru, Kluang and Klang.
Citaglobal firms up collaboration to develop eco-friendly industrial park, proposes one-for-five bonus warrants
Citaglobal Bhd (KL:CITAGLB) has firmed up its collaboration with electric vehicle maker Tree Technologies Sdn Bhd to develop an industrial park with green elements in Pahang. It also proposed a bonus issue of up to 88.07 million free warrants.
Batu Kawan falls into the red as KLK reports record low profit on one-off losses, impairments
Kuala Lumpur Kepong Bhd (KL:KLK) reported a record low net profit for its fourth quarter, dragged by non-cash losses and an inventory write-down related to its investment in UK-listed speciality chemicals company, Synthomer Plc.
COA allows admission of RM525m property sale evidence in Crest winding-up termination appeal
The Court of Appeal (COA) here on Monday allowed the liquidator of Crest Worldwide Resources Sdn Bhd to adduce fresh evidence in SKN Land & Development Sdn Bhd’s (SKN L&D) appeal against the High Court’s decision to dismiss an application to terminate Crest’s winding-up.
Lingerie maker Classita to diversify into property investment
Loss-making Classita Holdings Bhd (KL:CLASSITA) is mulling diversifying into the property investment business as it foresees growing demand.
Oriental 3Q net profit down 70% on absence of one-off gains
Oriental Holdings Bhd (KL:ORIENT) saw the diversified group’s net profit for the third quarter fall 70.12% year on year to RM88.87 million, from RM297.42 million on the absence of one-off gains recognised in the corresponding quarter in 2023.
PN17 Zelan's CEO Mohd Ariff resigns after three months in job
Zelan Bhd’s (KL:ZELAN) chief executive officer Mohd Ariff Abd Samat has departed from the post three months after his appointment.
Lagenda Properties, Epicon major shareholder Doh Tee Leong triggers takeover offer of Mercury Industries
Datuk Doh Tee Leong — via his investment vehicle Bright Meadow Sdn Bhd — acquired an aggregate 59.88% stake (38.5 million shares) in Mercury Industries from various vendors for RM34.65 million or 90 sen per share on Monday.
Gamuda wins RM451.4m job to build data centre in Cyberjaya
Gamuda Bhd (KL:GAMUDA) has secured a RM451.4 million contract to build a data centre in Cyberjaya.
West Ipoh Span Expressway now estimated to cost RM6.2 bil, says concessionaire
The West Ipoh Span Expressway, to span 60.88km from Gopeng to Kuala Kangsar, is now estimated to cost RM6.2 billion instead of RM5.75 billion, according to the project's concessionaire, East Coast Road Sdn Bhd (ECRSB).
