News by izzul Ikram

LBS Bina Group Bhd’s second quarter net profit jumped 115.77% to RM35.13 million, from RM16.28 million a year earlier, on the back of its property development segment’s strong showing.

Gabungan AQRS Bhd has proposed to establish an Islamic commercial paper (ICP) and Islamic medium-term note (IMTN) programme of RM200 million in nominal value.

He is charged with causing the state land registrar to dispose of one of the plots in Bandar Tanjong Pinang — said to be worth RM135.086 million — to Ewein Zenith at the Department of Lands and Mines in Komtar on Feb 17, 2015.

Chin Hin Group Bhd was slapped with an unusual market activity (UMA) query by Bursa Malaysia on Tuesday (Aug 2) due to a sharp rise in its share price.

Entomo Malaysia Sdn Bhd and Raveenderen Ramamoothie are to purchase all Hasrat Budi Sdn Bhd’s shares in MYSJ Sdn Bhd — the operator of the MySejahtera application — for RM24 million plus a premium.

The property developer said its Malaysian operations’ profit after tax (PAT) contribution rose 86.7% to RM61.2 million from RM32.8 million, offsetting the share of loss from its international arm, Eco World International’s (EWI).

Dynaciate Group Bhd has proposed to acquire a piece of freehold industrial land measuring 23,550 square metres in Bentong, Pahang from KPower Bhd for RM12 million cash.

The group's revenue jumped to RM6.17 billion from RM4.22 billion, its bourse filing showed. Earnings per share improved to 3.78 sen per share, from 0.21 sen per share.

Earnings per share rose to 2.68 sen from 1.57 sen last year, according to the construction firm’s bourse filing. Revenue grew 37.23% to RM624.66 million from RM455.2 million, on improved contributions from both its construction and precast businesses. No dividend was declared.

The property developer’s quarterly revenue slipped 7.16% to RM223.3 million in 1QFY22 from RM240.53 million a year ago, mainly attributed to lower progress billings across its key projects in the Klang Valley and Southern Region of Malaysia compared with 1QFY21, according to a bourse filing on Wednesday (May 25).