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Brem Holding net profit up 32.9% to RM4.49m

KUALA LUMPUR: Brem Holding Bhd's net profit rose 32.9% to RM4.49 million for its second quarter ended Sept 30, 2010, from RM3.01 million a year ago on higher revenue.

Turnover inched up to RM28.63 million from RM28.55 million a year ago, it announced to Bursa Malaysia on Friday, Nov 26.

Farlim 3Q net profit surges to RM3.65m

KUALA LUMPUR: Farlim Group (Malaysia) Bhd's revenue surged to RM3.65 million for its third quarter (3Q) ended Sept 30, 2010 from RM618,000 a year ago on higher revenue.

Turnover rose 36.1% to RM24.63 million from RM18.09 million a year ago, it announced to Bursa Malaysia on Friday, Nov 26.

Ivory Properties net profit up to RM8.08m for 3Q

KUALA LUMPUR: Ivory Properties Group Bhd has posted a net profit of RM8.08 million for its third quarter (3Q) ended Sept 30, 2010, slipping from RM8.44 million in the last quarter on higher operating expenses.

The group, which debuted on Bursa Malaysia on July 28, registered a 62% growth in revenue to RM41.97 million against RM25.9 million in the previous quarter.

MTD Capital 2Q net profit down 15.9% to RM18.9m

KUALA LUMPUR: MTD Capital Bhd's net profit fell 15.9% RM18.9 million for its second quarter (2Q) ended Sept 30, 2010 from RM22.49 million a year ago on absence of gain from disposal of two investment properties, it announced to Bursa Malaysia on Friday, Nov 26.

Sunway unit clinches Tampines land for condo development

KUALA LUMPUR: Sunway Holdings Bhd's unit has been awarded a tender of land parcel in Singapore for a 99-year lease term at S$187.59 million (RM450.19 million) from Singapore's Housing and Development Board, it announced to Bursa Malaysia on Friday, Nov 26.

SPK-Sentosa 3Q net loss widens to RM4.35m

KUALA LUMPUR: SPK-Sentosa Corporation Bhd's net loss widened to RM4.35 million for its third quarter ended Sept 30, 2010, from RM1.14 million a year ago despite higher revenue.

In a filing to Bursa Malaysia on Friday, Nov 26, the group posted 34.4% higher revenue of RM92.99 million from RM69.15 million.

Sime Darby 1Q net profit slips to RM654.74m

KUALA LUMPUR: Sime Darby Bhd has posted a net profit of RM654.74 million for its first quarter ended 30 Sept, 2010, slipping from RM684.64 million a year ago on lower contributions from its plantation, energy and utilities as well as its healthcare and others segments.

Zayed National Museum unveiled

ABU DHABI: The designs by Foster+Partners for the Zayed National Museum — the first museum on Saadiyat Island, Abu Dhabi — was officially unveiled jointly by Sheikh Mohammed bin Rashid Al Maktoum, vice-president and prime minister of the United Arab Emirates (UAE) and Ruler of Dubai, and Queen Elizabeth II of the UK, the firm stated in a press release on Friday, Nov 26.

Ireka Corp appointed as contractor for RM232.74m packages

KUALA LUMPUR: Ireka Corporation Bhd's (Ireka Corp) unit Ireka Engineering & Construction Sdn Bhd has been appointed as a contractor for an office and hotel development at KL Sentral, it announced to Bursa Malaysia on Friday, Nov 26.