On lower operating and administrative expenses.

Which restrains two banks from releasing guarantee proceeds totalling RM50 million to Star Media.

Sime Darby Property is targeting to launch another 1,900 units in Selangor and Johor.

Due to two new projects — the Bell Suites SOHO and Monet Lily double-storey terrace.

At 9.26am, WCT rose 6 sen to RM1.64 with 699,300 shares done.

The group expects the construction sector to sustain its growth momentum.

Consortium Zenith said it has managed to engage a pool of local and foreign consultants for various components of the project.

For its full year of FY17, WCT's net profit jumped 126% to RM154.62 million.

Property development segment is expected to contribute positively to the group in FY2018.

Has resulted in unwanted consequence — unfair competition that deters active participation of the private developers in this segment.