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Mudajaya 4Q net profit surges two-fold to RM41 million

KUALA LUMPUR: Mudajaya Group Bhd fourth quarter net profit surged two-fold to RM41.05 million from RM10.36 million a year ago increased level of activities.

It said on Feb 10 that revenue rose 65% to RM211.76 million from RM128.22 million while earnings per share were 11.02 sen versus 1.50 sen. It declared 10% dividend per share or two sen per share.

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MRCB to host property offerings in Bandar Seri Iskandar

PETALING JAYA: MRCB Land will be showcasing its latest residential units for sale in its Bandar Seri Iskandar township in Central Perak on the weekend of Feb 13 & 14 in a special promotional event called “Wish For More…Jom Milik!” Property Sales Celebration.

MRCB Land’s Bandar Seri Iskandar township spans 5,000 acres and will be fuilly completed in 2020.

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IOI 2Q net profit surges 174%, declares seven sen dividend

KUALA LUMPUR: IOI Corp Bhd's net profit for the second quarter ended Dec 31, 2009 (2QFY10) surged 174% to RM461.21 million from RM168.58 million a year ago, thanks to higher profits from property and manufacturing segments and unrealised paper gain on US dollar-denominated borrowings.

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British Land's bumper 3Q cheers banks

LONDON: British Land's surprise 18% rise in net asset value lifted spirits among property landlords and lenders on Feb 9, but is unlikely to muffle doomsayers who claim a pricing bubble is already in prospect.

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