YTL Corp expects its construction, information technology and e-commerce related business, cement manufacturing and trading, property investment and development, management services and others, and its hotels segments to post satisfactory performance in FY17.

“It is important to have an overview of Kuala Lumpur’s secondary market.”

Sold for: RM2 million (RM738 psf); Concluded by: May Hwa (REN 02007) of Reapfield Properties Sdn Bhd (017-249 1112); When: Feb 2016

E&O managing director Kok Tuck Cheong said the group will be rolling out the remaining phases of The Tamarind in Penang worth RM160 million, and the Conlay Place which carries a gross development value (GDV) of RM800 million by this year.

Lasseters Properties and Lasseters Management are wholly-owned subsidiaries of Singapore-listed Lasseters International Holdings Ltd.

Despite a protracted soft property market, E&O said its unbilled sales of RM1.03 billion will anchor the earnings for the next two financial years.

"The board wishes to announce that as at the time of writing, George Kent has not received the LOA from MRT Corp, in relation to the award of the above-mentioned work package."

Eco World Development Bhd was named the ‘Best of the Best Employers’ by global talent consultancy Aon Hewitt, at the Aon Best Employers — Malaysia 2016 awards.

IGB said lower contribution from the property development division also resulted in its revenue falling 3.5% to RM262.52 million, from RM271.91 million in 2QFY15.

Tropicana expects prospects in FY16 to remain challenging, but believes there will still be demand for landed properties and integrated developments in prime locations with accessibility to good amenities and attractive pricing.