Time for Dutamas to get out of Mont’Kiara’s shadow
Dutamas has seen its non-landed residential properties perform better than Mont’Kiara in recent times.
Dutamas has seen its non-landed residential properties perform better than Mont’Kiara in recent times.
Mitrajaya Holdings Bhd’s net profit jumped 55% to RM28.74 million for the first quarter ended March 31, 2017 (1QFY17), from RM18.46 million in 1QFY16, helped by a compulsory land acquisition.
Econpile Holdings Bhd posted a record net profit for the third financial quarter ended March 31, 2017 (3QFY17), on higher billings recorded coupled with increased overall project order book secured.
Four Seasons Place will be completed by the end of this year.
Better cost management has helped lift Titijaya Land Bhd’s net profit by 26.77% to RM19.23 million for its third quarter ended March 31, 2017 (3QFY17), from RM15.17 million a year earlier.
The thirst for land is now spreading into the en-bloc market, says DBS Vickers, with a consortium Oxley-Lian Beng Venture putting in the S$575 million (RM1.77 billion) winning bid for Rio Casa.
Mah Sing Group Bhd has entered into an agreement with LTS Properties (M) Sdn Bhd, TS Law Corp Sdn Bhd and Law Wai Cheong for the purchase of a 78% equity stake in Cosmowealth Housing Development Sdn Bhd for RM54.96 million, which will be paid over a period of six years.
Thriven Global Bhd is contributing towards the upkeep of the Kota Damansara Community Forest Reserve.
Today, construction firm Inta Bina shares rose to their highest so far at 31 sen at 10:01am. Inta Bina, which saw some 12 million shares traded, was Bursa Malaysia's seventh most-active stock.
Eversendai Corporation Bhd rose 1.02% in early trade today after Kenanga IB Research maintained its “Underperform”rating on the stock with a higher target price of 77 sen (from 49 sen) sen and said the company’s 1Q17 beat house expectations given Kenanga’s overly conservative margins for its projects in Middle East, India and Malaysia.