Binastra MD offloads 6% stake for RM36m
The share disposal slashed Tan’s total stake in Binastra to 57.3%.
Menang declares six sen special dividend as earnings rises to six-year high
Net profit more than doubled to RM7.32 million for the third quarter ended March 31, 2024 from RM3.28 million a year earlier.
Sunway Construction posts 16% rise in 1Q net profit, eyes more advanced jobs
Net profit for the three months ended March 31, 2024 (1QFY2024) was RM32.40 million or 2.51 sen per share compared with RM27.83 million or 2.16 sen per share in the same quarter the prior year.
KLK, Batu Kawan post lower 2Q earnings despite improved performance by plantation segment
KLK’s net profit fell 38.65% to RM117.07 million or 10.8 sen per share, from RM190.81 million or 17.70 sen per share a year earlier.
Govt extends freeze on foreign worker applications, no new quota
The number of foreign workers in the country should not exceed 15% of the 17.1 million labour force projected by the Ministry of Economy.
Seri Pajam Development breaks ground on SPD Tech Valley in Negeri Sembilan
Seri Pajam Development Sdn Bhd held a groundbreaking ceremony for SPD Tech Valley, their first industrial development in Senawang, Negeri Sembilan on Monday. The development has a gross development value of RM3 billion.
Ehsan Bina Group partners Maybank Islamic to provide financing solution
Ehsan Bina Group has formed a partnership through a Memorandum of Understanding (MOU) with Maybank Islamic Bhd to extend a financing programme called HouzKEY to buyers of ForestHill Residences, a high-rise residential project located in Damansara Perdana, Selangor.
MIPFM: Property and facility managers' inputs crucial for Urban Redevelopment Act
The proposed Urban Redevelopment Act should also include inputs from property and facility managers, said Malaysian Institute of Property and Facility Managers (MIPFM) president Ishak Ismail.
RHB IB upbeat on Gamuda’s prospects in Ho Chi Minh City, raises target price to RM6.55
RHB Investment Bank Research has maintained its 'buy' rating for Gamuda Bhd (KL:GAMUDA) at RM5.58, with a higher target price of RM6.55 (from RM6.30), and said it is upbeat on the prospects Ho Chi Minh City (HCMC) has for Gamuda’s property arm.
Ho Hup's property development unit applies for judicial management
Ho Hup Construction Company Bhd (KL:HOHUP) said its 52%-owned unit Golden Wave Sdn Bhd (GWSB) has applied with the High Court to be placed under judicial management.
