E&O’s 1QFY17 core net income within estimates
E&O recorded a top-line growth of 137% year-on-year (y-o-y) in 1QFY17, mainly driven by higher revenue recognition of its ongoing projects in Seri Tanjung Pinang
In Depth
Still possible for Mah Sing to meet FY16 sales target
Management maintains FY16 sales target of RM2.3 billion, driven by about RM2 billion worth of new launches and the rest by ongoing projects.
Bandar Utama’s terraced house prices remain stable
Bandar Utama has excellent connectivity via major routes such as the SPRINT Highway, Damansara-Puchong Highway, New Klang Valley Expressway and Penchala Link.
Tan Sri Danny Tan Chee Sing (Tropicana Corp Bhd): Engage customers through social media wisely
Tan Sri Danny Tan Chee Sing, the founder and former group executive vice-chairman of Tropicana Corp Bhd (formerly Dijaya Corp Bhd), is a seasoned developer.
Tan Sri Lim Soon Peng (Titijaya Land Bhd): Affordability — key to homebuyers’ needs today
Titijaya Land Bhd group managing director Tan Sri Lim Soon Peng has been in the property and construction sector since he was 17 years old.
Tan Sri Ong Leong Huat (OSK Property): Build homes according to buyers’ wants and needs
Tan Sri Ong Leong Huat is the group managing director and CEO of OSK Holdings Bhd (OSK) and OSK Property Holdings Bhd (OSKP). OSK Group was established as a small stockbroking company in 1963 before it became a financial services group in 1982. The group then diversified into property development under OSKP in 1997 and was listed on the main board of Bursa Malaysia in 2002.
Tan Sri Eddy Chen (MKH Bhd): We need more liveable homes
Tan Sri Eddy Chen is as passionate about real estate today as when he first started out in the construction and property development industry more than three decades ago. Chen was appointed to the board of MKH Bhd (formerly known as Metro Kajang Holdings Sdn Bhd) on July 31, 1984 and has been its managing director since 2005.
Tan Sri Mohamad Salim Fateh Din (MRCB): Malaysia’s property market will continue to be dynamic
A successful entrepreneur with a pioneering spirit, Tan Sri Mohamad Salim Fateh Din, the managing director of Malaysian Resources Corp Bhd (MRCB), is a business innovator who has owned and managed businesses in construction, property investment and property development.
Tan Sri Leong Hoy Kum (Mah Sing Group Bhd): The ability to adapt to change is crucial
In 1965, Mah Sing group managing director Tan Sri Leong Hoy Kum founded Mah Sing, a plastic trading firm. Subsequently, he founded the plastic manufacturing division in 1986 and the business grew rapidly with proprietary and original equipment manufacturer (OEM) products for the automotive and electrical and electronic industries.
Tan Sri Lim Hock San (LBS Bina Group Bhd): The keys to success are product, location and pricing
Officially established in the year of the Asian Financial Crisis in 1997, LBS Bina Group Bhd (LBS) has gone through market highs and lows in the property development sector to emerge as one of the biggest property players in Malaysia.
