WCT 3Q earnings up more than three times
Revenue came in at RM371.8 million, a 21.1% decline from RM471.11 million in 3QFY14, mainly due to lower contribution from its construction segment.
Revenue came in at RM371.8 million, a 21.1% decline from RM471.11 million in 3QFY14, mainly due to lower contribution from its construction segment.
The ministry says the buildings are currently being refurbished into two residential units for home-based staff in compliance with current District of Columbia's zoning laws in order to preserve their heritage value.
For the third quarter ended Sept 30, 2015, Ewein’s net profit jumped 16 times to RM6.42 million from RM389,000 a year ago, mainly due to the contribution from the group’s property development business.
GuocoLand Malaysia has entered into agreements to sell four assets — DC Tower Sdn Bhd, certain offices and car parks at Menara Pandan, a 679.2ha tract in Sepang and a 2,917 sq m parcel in Jalan Changkat Kia Peng, in Kuala Lumpur.
Sizeable infrastructure projects could have a cumulative gross development value (GDV) of over RM200 billion in the long term, and that is not including those further from the city centre.
Twenty-one years after the Highland Towers tragedy in Ulu Klang, Selangor, former Highland Towers Residents’ Association president Dr Benjamin George thinks it is time the site is redeveloped.
Tiger Synergy managing director Shirley Tan Lee Chin said it will kick off its Alam Impian project in Shah Alam, Selangor, which has a GDV of RM300 million. Apart from Alam Impian, Tiger Synergy will be launching two condominium projects located in Gombak and Cheras, with a GDV of RM100 million each.
“The higher revenue was achieved based on the progressive recognition from the sales of Desa Green, South View Serviced Apartments, The Vertical Corporate Tower, Scenaria@North Kiara Hills, Southbank Residence, Desa Sentul and the recently completed The Vertical Office Suites,” said UOA Development.
The committee will look into regenerating decades-old public housing schemes in Penang at Rifle Range, Taman Free School, Taman Tun Sardon and Mak Mandin.
Eversendai has also bagged a contract for the structural steel works of the Statue of Unity in Gujarat, India — a tribute to Sardar Vallabhbhai Patel — a visionary leader and statesman hailed as the Iron Man of India.