Land & General sees boardroom shuffle
Land & General Bhd (L&G) has appointed a new director to its board while redesignating one of its directors to a senior director.
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SkyWorld posts RM19m quarterly profit, declares 1.25 sen dividend
SkyWorld Development Bhd has declared its first interim dividend of RM12.5 million or 1.25 sen per share for the second quarter ended Sept 30 (2QFY2024), after posting a net profit of RM19.1 million or 2.53 sen per share.
DONE DEAL: Condominium unit, Vogue Suites, Kuala Lumpur
Noteworthy:
- Leasehold
- Built up size: 786 sq ft
- 1 bedroom, 1 bathroom
- Fully-furnished
- Nearby amenities: Convenience stores, F&B outlets, The Gardens Mall, MidValley Megamall, LRT Abdullah Hukum, LRT Universiti
- Accessibility: NPE highway, KESAS highway
When: October 2023
Short-term rental ban in Penang has led to increase in property value, rental yield, says E&O
The ban on short-term rental in Penang has resulted in an increase in property values and rental yields, according to Eastern & Oriental Bhd (E&O).
E&O’s 2Q net profit surges to RM30m on higher revenue, absence of forex loss
Property developer Eastern & Oriental Bhd (E&O) has recorded a net profit of RM29.73 million in its second financial quarter ended Sept 30, 2023 (2QFY2024), a huge leap from the RM16,000 net profit posted a year ago, mainly due to enhanced revenue and absence of unrealised foreign exchange loss of RM19.9 million recognised in 2QFY2023.
Kerjaya Prospek in sweet spot to secure more jobs in coming months, say analysts
RHB Investment Bank Research (RHB IB) has maintained its "buy" rating on Kerjaya Prospek Group Bhd at RM1.49 with a new target price (TP) of RM1.71 (from RM1.78) and said the company is in a sweet spot to secure more jobs in the coming months.
Zhejiang UNITY Technology, NCT sign MOU to set up facility in NCT Smart Industrial Park
China-based Zhejiang UNITY Technology Co Ltd on Wednesday signed a memorandum of understanding (MOU) with NCT Group of Companies to set up its facility in NCT Smart Industrial Park (NSIP) in Sepang, Selangor.
Think City managing director receives UN-Habitat Special Citation award
Think City managing director Hamdan Abdul Majeed was conferred a Special Citation by the United Nations Human Settlements Programme (UN-Habitat) on Sunday (Nov 19), in recognition of his leadership and contributions to urban regeneration.
Phillip Capital sees Lagenda Properties rebounding in FY2024 on record-high unbilled sales, Johor expansion
Phillip Capital has maintained its "buy" rating on Lagenda Properties Bhd at RM1.20, with a lower revalued net asset value-derived target price of RM1.51 (from RM1.55 previously).
S P Setia to launch Ferrous 2 on Nov 26
Following the successful premiere of Ferrous in March, S P Setia is poised to launch Ferrous 2 in Setia AlamImpian on Nov 26 (Sunday).
