Ekovest sees positive full-year financial results after 3Q net loss narrows
Ekovest Bhd (KL:EKOVEST) reported on Friday a smaller loss in its latest quarterly results compared with a year earlier despite still grappling with high finance costs.
UEM Sunrise and Logos sign MOU to develop data centre campus in Johor
UEM Sunrise Bhd (KL:UEMS) has partnered with Logos Infrastructure Holdco Pte Ltd to explore the opportunity to develop a data centre campus in Gerbang Nusajaya, Johor.
AME Elite buys more land in Johor for industrial cluster development
AME Elite Consortium Bhd (KL:AME) is buying three parcels of freehold land, measuring 37.5 acres, in Kulai, Johor for RM106.17 million to develop an industrial cluster.
MRCB shares fall as below-view 1Q prompts caution
Shares in Malaysian Resources Corp Bhd (KL:MRCB) fell on Friday, and nearly wiped out their gains this month, as the latest weaker-than-expected quarterly results prompted caution among investors and analysts.
Housing ministry to focus on abandoned housing projects, ready for stakeholder collaboration
The government said it will prioritise addressing the issue of unlicensed abandoned private housing projects, including by collaborating with stakeholders.
MRCB reports 65% drop in 1Q net profit on lower sales, billings
Malaysian Resources Corp Bhd (KL:MRCB) posted a 64.57% year-on-year (y-o-y) drop in its first quarter net profit due to lower sales and billings following the completion of two major projects.
OSK on track to record another year of solid growth, says HLIB
Hong Leong Investment Bank (HLIB) Research has maintained its 'buy' rating for OSK Holdings Bhd (KL:OSK) at RM1.66, with a higher target price of RM2.21 (from RM2.16), and said OSK’s first-quarter core profit after tax and minority interest of RM122.8 million (+26.7% quarter-on-quarter; +6.4% year-on-year) was within house expectations, making up 26.4% of HLIB's full-year forecast.
IOI Properties' 3Q net profit up 91%, boosted by RM211m Johor land sale
IOI Properties Group Bhd’s (KL:IOIPG) net profit for its third quarter ended March 31, 2024 (3QFY2024) rose 90.9% to RM220.21 million from RM115.38 million a year earlier, mainly thanks to the completion of a land sale in Johor
Vizione bags RM750 mil related-party contract for apartment construction job
Vizione Holdings Bhd (KL:VIZIONE), which is valued at RM73.72 million, has secured a RM750 million contract from a company partially owned by its directors for construction works on a mixed development in Gombak, Selangor.
MGB tops out Idaman Melur in Cybersouth
MGB Bhd (KL:MGB), a subsidiary of LBS Bina Group Bhd (KL:LBS), marked the completion of the building structure of Idaman Melur in Cybersouth, Selangor, with a roof-topping ceremony on May 24. The project was completed a month ahead of schedule.
