Winners of Lafarge Malaysia’s Happiness in the City truck design competition were announced and received their prizes on Aug 20.

Higher contribution from its broking, investment holding, and hotel operation divisions.

The group said that it would continue to explore and evaluate opportunities to acquire new hotels or properties to expand its existing portfolio

Also chairing FIC, Syed Mohamed is now the president and executive director of Iskandar Waterfront Holdings Sdn Bhd, a company linked to tycoon Tan Sri Lim Kang Hoo.

Sime Darby president and group chief executive Tan Sri Mohd Bakke Salleh said the amount was the largest impairment the group has booked, to date.

The group attributed its project mix as the driver of the increase in its final quarter profit, as gross profit margin stayed relatively flat at 40%, compared with 39% last year.

Design Village Penang has unveiled its 16,000 sq ft food hall on Aug 24.

The contract involves a five-year maintenance period from Sept 1, 2017 to Aug 31, 2022 and covers all the blocks utilised and occupied by the MCMM, AWC said.

Aug 22 saw the launch of collective sale tenders for two former HUDC estates - Florence Regency and Normanton Park - at a reserve price of S$600 million (RM1.89 billion) and S$800 million respectively.

Against a backdrop of soft property market conditions, its property division made a RM70 million provision for inventories in 4QFY17.