Sunsuria posts higher profit in 3Q
Sunsuria attributed the higher revenue and profit to its ongoing property development projects.
Sunsuria attributed the higher revenue and profit to its ongoing property development projects.
The sharp fall was mainly because of a bargain purchase gain of RM92.2 million in the takeover of The Nomad Group Bhd in the previous corresponding quarter.
Despite the slow property market, OSK Property Holdings Bhd believes there is still demand for properties targeted at end users. And the homebuyer market is what is it aiming at with Luminari, a serviced apartment project launched recently at its Harbour Place township in Butterworth, Penang.
Managing director Datuk Eng Wei Chun touched by badminton hero’s fighting spirit.
Telekom Malaysia Bhd (TM) is collaborating with Aspen Vision All Sdn Bhd, a subsidiary of Penang-based Aspen Vision Development Sdn Bhd (Aspen Group), to facilitate the deployment of Smart City services and converged IT and ICT services for the Aspen Vision City development in Bandar Cassia, Batu Kawan, Penang.
Daiman Development Bhd's net profit for the fourth quarter ended June 30, 2016 (4QFY16) fell 56.36% to RM5.86 million or 2.78 sen per share from RM13.43 million or 6.38 sen per share last year.
Sime Darby Property Bhd, the property arm of conglomerate group Sime Darby Bhd, will be launching Senada Residences, which forms a part of the rebranded RM8 billion gross development value (GDV) Alya Kuala Lumpur, in September.
UOA Development Bhd's net profit for the second quarter ended June 30, 2016 (2QFY16) surged 80.2% to RM124.2 million or 8.17 sen per share from RM68.9 million or 4.82 sen per share a year ago mainly due to ongoing development projects.
A joint venture between George Kent (M) Bhd and China Communications Construction Company Ltd (CCCC) has won the RM1.01 billion work package for trackworks, maintenance vehicles and work trains for the mass rapid transit (MRT) Line 2.
Hua Yang Bhd is confident of achieving its property sales target of RM500 million, underpinned by two launches in the second half of this year.