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MRCB first-quarter net profit rises over twofold to RM10.46 mil

Malaysian Resources Corp Bhd (MRCB) saw its net profit for the first financial quarter ended March 31, 2017 (1QFY17) more than double to RM10.46 million, from RM4.38 million a year ago, on higher contribution from its property development segment.

WCT's 1Q earnings increases 3.7 times, led by construction unit

WCT Holdings Bhd's net profit increased 3.7 times to RM33.08 million or 2.64 sen per share in its first quarter ended March 31, 2017 (1QFY17) from RM8.83 million or 0.72 sen per share a year ago, mainly due to strong contribution from the local construction division.

TA Enterprise registers 1Q profit of RM83 mil, revenue jumps 55%

TA Enterprise Bhd posted a net profit of RM83.22 million in its first quarter ended March 31, 2017 — its third consecutive profitable quarter — thanks to higher contribution from its broking, investment holding and hotel operation divisions.

Penthouse at One Balmoral sold for S$4.48 mil

On May 16, a 2,228 sq ft, three-bedroom penthouse at One Balmoral changed hands for S$4.48 million (S$2,012 psf), the largest transaction in the development so far in terms of absolute price.