KUALA LUMPUR: Property developer Gadang Holdings Bhd is targeting to achieve RM75 million in pre-tax profit (PBT) for the financial year ending May 31, 2015 (FY15), said chief financial officer, (CFO) Kok Pei Ling.

“We expect [to turn in a] better performance in FY15,” she told reporters after the group annual general meeting yesterday.

KUALA LUMPUR (Nov 19): Construction and property developer Gadang Holdings Bhd is targeting to achieve RM75 million in pre-tax profit for financial year ending May 31, 2015 (FY15).

"We expect a better performance in FY15, and hope to have RM75 million in PBT (profit before tax) by then," Gadang's chief financial officer Kok Pei Ling said after the annual general meeting today.

PUTRAJAYA: A man who had his land acquired without his knowledge lost all legal recourse yesterday to get justice when the Federal Court refused to grant leave for his appeal.

KUALA LUMPUR: KSK Group Bhd, formerly Kurnia Asia Bhd, will call for tenders for the development of its RM4 billion maiden mixed project, 8 Conlay, in the first quarter (1Q) of next year.

KUALA LUMPUR: Battersea Power Station Development Co Ltd (BPSDC) sold nearly half of the residential units under Phase 3 of the £8 billion (RM42 billion) Battersea Power Station redevelopment in London in the first three weeks of its global tour, with 60% of total sales to date snapped up by London locals.

SABAH, affectionately known as the Land Below the Wind, has seen a spurt of economic growth in the past few years. It is blessed with natural resources such as oil and gas, and fertile agricultural land. The state has the third largest population in Malaysia, with 32 ethnic groups.

ALOR GAJAH: Any increase in house prices upon implementation of the goods and services tax (GST) in April next year is just temporary, as a number of measures are already in place to curtail the rise.

KUALA LUMPUR: The Federal Court will decide tomorrow on a land acquisition matter where the panel will have to answer this pertinent question: “Is your land title worth the paper it is printed on?”

This is the question Ishmael Lim Abdulah, 53, has been asking the courts to answer in the affirmative for the past decade.

GEORGE TOWN: New Bob Group has planned four development projects with a gross development value (GDV) of about RM160 million next year.

The real estate and property management group has been trying to make a name for itself as a boutique property developer in Penang in recent years.

PETALING JAYA: Asian Retail Mall Fund II (ARMF) is planning a redevelopment of the SStwo Mall in Petaling Jaya, involving a partial demolition of the structure and building a serviced apartment block, according to sources.