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YTL Land to acquire property development assets from YTL Corp for RM476m

KUALA LUMPUR: In a move to rationalise YTL Corporation Bhd's property development assets and projects, YTL Land & Development Bhd is acquiring nine companies and six parcels of land from holding company YTL Corp and YTL Singapore Pte Ltd for a total consideration of RM476.05 million and settle their collective inter-company outstanding balances, it announced to Bursa Malaysia on Tuesday, No

Mulpha net profit up to RM21.3m for 3Q

KUALA LUMPUR: Mulpha International Bhd has posted a net profit of RM21.3 million for the third quarter (3Q) ended Sept 30, 2010, up from RM20.3 million on higher revenue, it announced to Bursa Malaysia on Tuesday, Nov 23.

The group's revenue rose 34.4% to RM182.13 million from RM135.44 million a year ago.

SDB net profit surges to RM7m for 2Q

KUALA LUMPUR: Selangor Dredging Bhd's (SDB) net profit has surged to RM7.1 million for its second quarter (2Q) ended Sept 30, 2010, from RM1.8 million a year ago on the back of higher sales, it announced to Bursa Malaysia on Tuesday, Nov 23.

L&G net profit up 64% to RM4.65m in 2Q

KUALA LUMPUR: Land & General Bhd (L&G) has posted a net profit of RM4.65 million for its second quarter (2Q) ended Sept 30, 2010, up 64% from RM2.84 million a year ago on foreign exchange gains, it announced to Bursa Malaysia on Tuesday, Nov 23.

OSK Properties posts RM4.09m net profit for 3Q

KUALA LUMPUR: OSK Property Holdings Bhd has posted a net profit of RM4.09 million for its third quarter (3Q) ended Sept 30, 2010, up from a net loss of RM182,000 a year ago on the back of higher revenue, it said in a filing to Bursa Malaysia on Tuesday, Nov 23.

YNH net profit rises by 17.7% to RM15.75m for 3Q

KUALA LUMPUR: YNH Property Bhd has posted a net profit of RM15.75 million in its third quarter (3Q) ended Sept 30, 2010, up 17.7% from RM13.38 million a year ago on the back of lower revenue, it said in a filing to Bursa Malaysia on Tuesday, Nov 23.