Eco World International names Chew Kwang Ming as alternate director
He will serve as alternate director to non-independent non-executive director Cheng Hsing Yao.
He will serve as alternate director to non-independent non-executive director Cheng Hsing Yao.
Adam said the lack of new infrastructure projects in the pipeline, aside from the MRT3, could continue to dampen construction sector sentiment, in addition to the rising cost of building materials, such as steel bars.
Full-year net profit rose to RM180.05 million, from RM160.86 million for FY2021.
Quarterly revenue also surged to RM101.5 million, from RM47.44 million previously.
Danny Tan Chee Sing holds a 21.35% direct stake and 33.76% indirect stake in the property developer.
The three-year contract was awarded by Mercu Majuniaga Sdn Bhd.
Quarterly revenue rose 24% to RM58.31 million, from RM47 million in 2QFY2022.
... amid a lack of progress in the project arising from Covid-19 pandemic uncertainties and initiatives to review and update SCIB’s order books.
The rating agency has also made similar revisions to the outlook of Genting's wholly owned subsidiaries Genting Overseas Holdings Ltd (GOHL) and Genting Singapore Ltd (GENS).
Matang Bhd is buying property assets from Star Media Group Bhd for RM33 million as part of its plan to diversify its business into property investment.