The derailment of the HSR could leave the Jurong Lake District with a large parcel of idle land for some time.

These include “non-essential operating expenditure” such as professional and consulting services, refurbishments, and events and promotional activities.

She suggested projects such as a walkalator or a moving walkway on the 1.7km Causeway to ease the traffic, among others.

Eversendai attributed the largest portion of the group’s profit to its structural steel division, which registered a profit before tax of RM24.3 million.

“In the event of any queries pertaining to GST for any banking products purchased or banking services rendered on or after 1 June 2018, members of the public are advised to contact their respective banks for clarification,” said the Association of Banks in Malaysia.

Its property division recorded a higher deficit of RM8.1 million, from RM7.4 million, on the back of weaker results from the hotel segment.

The move came about after disputes over the award of the contracts without an open tender.

Higher earnings were also seen from its property investment and its hotel operations divisions.

On prospects, AZRB said recently, construction stocks faced knee-jerk sell down post-14th general election.

IJM’s property development segment showed the largest decline in profitability at 88.9%, impacted mainly by the unrealised foreign exchange loss in the quarter and a 44% drop in revenue.