Latest
HSL net profit up 31% to RM20.28m
GUH Holdings to launch Kepayang Commerce Square in Seremban
KUALA LUMPUR: GUH Holdings Bhd is set to launch its 10-acre Kepayang Commerce Square in Seremban on Saturday, Nov 27. Kepayang Commerce Square is situated within its 500-acre freehold Taman Bukit Kepayang, just 100 metres away from the Kuala Lumpur – Seremban Highway interchange.
UAE property developer files for bankruptcy, reports FT
DUBAI: Al Murjan Real Estate, developer of a US$3 billion housing project in the United Arab Emirates, has filed for bankruptcy after running into financial difficulties, the Financial Times reported on Nov 24.
Sunway Holdings (OSK Research) buy; target price RM2.60
Coming Under One Roof
Sunway City (AmResearch) maintain hold; fair value RM4.13
Investment Highlights
Daiman net profit up 19.6% to RM12.8m for 1Q
KUALA LUMPUR: Daiman Development Bhd's net profit rose 19.6% to RM12.8 million for its first quarter (1Q) ended Sept 30, 2010, from RM10.7 million on sale of properties and building materials.
In a filing to Bursa Malaysia on Wednesday, Nov 23, the group posted slightly lower revenue of RM35.4 million, compared with RM35.9 million a year ago.
Perak Corp net profit up to RM3.6m for 3Q
KUALA LUMPUR: Perak Corporation Bhd's net profit crept up to RM3.6 million for the third quarter (3Q) ended Sept 30, 2010, from RM3.3 million a year ago despite lower revenue, it said in a filing to Bursa Malaysia on Wednesday, Nov 23.
Its revenue fell to RM21.13 million from RM23.44 million a year ago.
KSL Holdings 3Q net profit up 13.9% to RM15.57m
KUALA LUMPUR: KSL Holdings Bhd has posted a net profit of RM15.57 million for its third quarter ended Sept 30, 2010, up 13.9% from RM13.6 million a year ago despite lower revenue.
In a filing to Bursa Malaysia on Wednesday, Nov 23, the group posted revenue of RM40.4 million, down 26% from RM54.6 million.
Its earnings per share stood at 4.03 sen from 3.88 sen a year ago.