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AZRB 1Q net profit up 45.7% on improved margin, higher property revenue

Ahmad Zaki Resources Bhd's (AZRB) first-quarter net profit rose 45.7% to RM6.12 million from RM4.2 million a year ago, on improved margin of construction projects, as well as the inclusion of contribution from the International Islamic University Malaysia (IIUM) Medical Centre facilities management concession.

Ekovest 3Q net profit largely flat on one-off expense

Ekovest Bhd's third-quarter net profit was largely flat at RM11.06 million from RM11.08 million a year ago, mainly due to a one-off expense of RM22.62 million on recognition of fair value adjustment pursuant to the granting of the Employees' Share Option Scheme.

This property group is poised for a pickup

DBS Vickers expects Frasers Centrepoint Ltd and its REITs to deliver consistent returns in the coming years, leveraging on the improved outlook of their key markets of Australia and Singapore.

Voir mulls diversifying into construction, logistics

Voir chairman Datuk Zarul Ahmad Mohd Zulkifli, who also controls Consortium Zenith BUCG Sdn Bhd, a private construction company, said the board of Voir is now considering how to synergise the two business groups to enhance shareholder value.