Faber’s FY2009 profit before tax up 26.6% to RM141.2 mil

KUALA LUMPUR: Faber Group Bhd recorded profit before tax (PBT) of RM141.2 million for FY 2009, up 26.6% from RM111.5 million for FY2008. Meanwhile, revenue for FY2009 was RM805.3 million, an increase of 21.8% from RM661.2 million for FY2008, stated Faber in a press statement on May 18.

Lafarge Malayan Cement secures green certification for two products

KUALA LUMPUR: Lafarge Malayan Cement Bhd (LMCB) has become the first local cement company to have two of its cement products awarded the Green Label Certification by the Singapore Environment Council (SEC). According to a statement on May 17, the two products are Mascrete LH and Phoenix.

#Exclusive* The Jalan Kia Peng lure

KUALA LUMPUR: Jalan Kia Peng in Kuala Lumpur city centre is creating a buzz – two prime tracts of land are reported to be up for sale within two weeks. Last week, theedgeproperty.com reported that a 0.75-acre tract along Jalan Kia Peng was up for sale, with an asking price of between RM2,100 and RM2,200 psf.

Datuk Marjana Dasmi appointed first chairman of Sarawak Housebuyers Claims Tribunal

KUCHING: The Sarawak Housebuyers Claims Tribunal is expected to start operations in July following the appointment of woman lawyer

Datuk Marjana Dasmi as its chairman, effective May 18.

State Housing and Development Minister Datuk Abang Johari Tun Openg said the timeframe to settle each claim would be determined once the tribunal was operational.