KUALA LUMPUR: AmcorpGroup Bhd's offer for sale of 119.83 million shares in AMDB Bhd was undersubscribed by 92.81%.AMDB said on Sept 28 that as at 5pm on Sept 18, AMDB received total acceptances for 7.75 million shares (6.47%) and excess applications for 859,737 excess offer shares, representing 7.19% of the 119.83 million offer shares made available under the offer.AmcorpGroup had made a renoun

KUALA LUMPUR: Glomac Bhd posted net profit of RM8.34 million for the first quarter ended July 31, 2009, up from the RM7.8 million a year ago.The company said on Sept 28 that on a pre-tax level, it was up 57% at RM16.47 million versus RM10.5 million a year ago. Revenue slipped to RM58.98 million from RM79.54 million.

KUALA LUMPUR: TSR Capital Bhd has secured a RM80 million contract from the government to build part of National Space Centre in Banting, Selangor.TSR Capital said on Sept 28 the its unit TSR Bina Sdn Bhd had accepted the government's letter for the proposed construction of Phase 3A, Space Technology Facility of the centre."The contract is expected to be completed by April 11, 2011 that is withi

KUALA LUMPUR: Over 200 guests from the property, media and advertising industries witnessed the launch of The Edge Communications Sdn Bhd’s property portal
theedgeproperty.com at the Sime Darby Convention Centre in Bukit Kiara on Sept 28.

KUALA LUMPUR: Glomac Bhd posted net profit of RM8.34 million for the first quarter ended July 31, 2009, up from the RM7.8 million a year ago.

The company said on Sept 28 that on a pre-tax level, it was up 57% at RM16.47 million versus RM10.5 million a year ago. Revenue slipped to RM58.98 million from RM79.54 million. Earnings per share were 2.99 sen versus 2.73 sen.

KUALA LUMPUR: TSR Capital Bhd has secured a RM80 million contract from the government to build part of National Space Centre in Banting, Selangor.

TSR Capital said on Sept 28 its unit TSR Bina Sdn Bhd had accepted the government’s letter for the proposed construction of Phase 3A, Space Technology Facility of the centre.

WASHINGTON: The US Treasury Department plans a new liquidity and mortgage bond purchase programme to help state finance agencies that provide mortgages to low-income borrowers, Treasury officials said.

BELFAST: Ireland’s construction output will decline by a cumulative 53% in the three years through 2011 as a property slump extends and the current supply of homes meets demand for the next four years, according to a report issued today.

I would not label myself pious but I am not about to cheat, kill or cause bodily harm to anyone, not even those I do not see eye-to-eye with. Neither would I, now or in the foreseeable future, attempt to challenge the law (Okay, some of you would call that cowardly – but hey, that’s not the subject of this discussion).

PETALING JAYA: Even though global housing markets are showing signs of tentative recovery, the market is still seen as fragile, according to Knight Frank Global House Price Index 2Q2009.