KUALA LUMPUR: Bandar Raya Developments Bhd's (BRDB) net profit for the second quarter (2Q) ended June 30, 2010 doubled to RM84.15 million from RM40.61 million a year earlier despite posting a lower revenue of RM151.36 million.

Earnings per share was 17.7 sen, while net assets per share was RM3.59.

KUALA LUMPUR: KLCC Property Holdings Bhd’s revenue for its first quarter ended June 30, 2010 rose 4% to RM227.0 million from RM218.4 million recorded in the corresponding quarter last year.

The company said on Friday, Aug 27 that its profit before taxation stood at RM139.8 million, up 7% compared with RM131.1 million recorded a year earlier.

HONG KONG: The Royal Group of Cambodia has unveiled the master plan for the development of Koh Rong island in Cambodia, which will be Asia’s first environmentally planned resort destination.

KUALA LUMPUR: UEM Land Holdings Bhd's net profit for the second quarter ended June 30, 2010, (2Q10) jumped an impressive 583% to RM40.34 million from RM5.90 million a year ago, in line with higher revenue and gain of RM25.6 million on the disposal of an associate, Touch 'N Go Sdn Bhd to PLUS Expressway Bhd.

KUALA LUMPUR: Tradewinds Corp Bhd's net profit for the second quarter ended June 30, 2010 (2Q10) rose 23.3% to RM11.33 million from RM9.18 million a year ago, due to a 3.3% increase in revenue.

• Within expectations

2QFY10 : Better earnings outlook

PARIS: The French government's drive to raise badly needed funds by selling a chateau, sumptuous villas and a host of other state-owned properties may not be going as well as expected.

CHINA: China will strengthen price management for the remaining year on expectations of lower inflation, director of the National Development and Reform Commission Zhang Ping said in a report delivered to the National People’s Congress.

Mah Sing Group