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Eversendai posts 1Q profit vs losses a year earlier

Eversendai Corp Bhd posted a first quarter net profit at RM15.26 million versus a net loss of RM50.43 million a year earlier mainly on the absence of financial-asset losses during the quarter in review.

Matrix Concepts signs RM250 mil sukuk programme

Matrix Concepts Holdings Bhd (MCHB) has signed an agreement for the issuance of Islamic commercial papers (ICP programme) and Islamic medium term notes (IMTN programme) with a combined limit of up to RM250 million.

Property cooling measures showing results in Penang

Cooling measures taken by the Penang government in 2013 have brought down property prices in the state, State Housing, Town and Country Planning Committee chairman Jagdeep Singh said yesterday.