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MP Corp delays in submission of audited financial statement

KUALA LUMPUR (Oct 28): Property developer Malaysia Pacific Corp Bhd (MP Corp) announced to the stock exchange today that its audited financial statements (AFS) for the financial year ended Jun 30, 2014 (FY14) will be delayed.

Gadang 1Q net profit jumps by one-third

KUALA LUMPUR (Oct 28): Construction and property developer Gadang Holdings Bhd’s net profit for the first quarter ended Aug 31, 2014 (1QFY15) surged 34% to RM9.54 million or 4.41 sen per share, from RM7.14 million or 3.63 sen per share in the previous corresponding period, on higher contributions from construction activities.

IOI Properties to launch RM10b GDV projects in 2 to 3 years

KUALA LUMPUR: IOI Properties Group Bhd (IOI Prop) is looking to launch projects worth up to RM10 billion in gross development value (GDV) over the next two to three years across Malaysia, Singapore and China, said chief executive officer Lee Yeow Seng.

Nexgram targets to reap 15% profit margin from property projects

KUALA LUMPUR (Oct 27): Nexgram Holdings Bhd, an end-to-end mobile application service provider that has ventured into property development, is targeting 15% profit margin from its property division, said its Chief Executive Officer and Managing Director Tey Por Yee.

IOI Properties to launch RM3b GDV worth of properties

KUALA  LUMPUR (Oct 27): IOI Properties Group Bhd will be launching property projects with a gross development value of about RM3 billion over the second half of its financial year ending June 30, 2015.

Thai developer Sansiri to unveil four projects in KL

KUALA LUMPUR: Thai developer Sansiri will launch four residential products this weekend. They are The Base Park East and The Base Rama 9 in Bangkok, and The Base Uptown and Dcondo Creek in Phuket Island. The Base Park East will be completed by the fourth quarter of 2015, while the rest of the developments have been completed.