Capital World acquires developer with rights to joint development of Johor township
Joint development right to develop a township at Pantai Timur, District of Kota Tinggi.
Joint development right to develop a township at Pantai Timur, District of Kota Tinggi.
Matrix Concepts attributed the higher gross profit margin to increased sales of higher-premium residential properties.
It declared a first interim dividend of 1.5 sen per share.
It declared a first interim dividend of 3 sen per share.
The group also saw positive contribution from its property development and investment division.
There was an increase in profitability across all its business segments i.e. plantations, manufacturing and property development.
The improved earnings were attributed to the positive take-up of Sunsuria’s residential and commercial developments.
Seal Inc said its wholly-owned subsidiary Seal Properties Sdn Bhd entered into a sale and purchase agreement with Kayangstar Property Sdn Bhd for the disposal.
Within three hours of its 673 units opening for selection.
The group noted that it has secured RM290 million worth of contracts so far, including the most recent RM208.7 million piling and general infrastructure works contract for Light Rail Transit 3 (LRT3).