News

Naim to venture into China?

KUALA LUMPUR: Naim Holdings Bhd, a Sarawak-based builder and property developer, has signed a memorandum of understanding with three other parties to explore the prospect of collaborating for the development of two community inter-linked smart cities.

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Crescendo Corp 1Q net profit up 6%

KUALA LUMPUR: Crescendo Corporation Bhd's first quarter earnings rose 6% to RM4.812 million from RM4.522 million a year ago and it expects performance to improve in the current financial year.

It said on Tuesday, June 29 that revenue increased 23% to RM44.69 million from RM36.36 million due to higher sales in construction services and concrete products.

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