The total sales translated into revenue of RM4.45 billion and a profit before tax of RM564.1 million.

Serasi Residences is the first of four phases to be launched within the 25-acre Putra Heights Sentral development, which will comprise residential and commercial components.

He said the Prime Minister Datuk Seri Anwar Ibrahim has signalled through the Budget 2023 that the government is moving in the direction of helping the poor and expecting the high income earners to contribute.  

The stronger earnings performance was lifted by recognition of gain on disposal of associates of RM89.02 million, as well as higher revenue incurred for the quarter.  

AME REIT said the financial headroom will enable the group to look into exploring future acquisitions within and outside Johor.

Quarterly revenue also surged to RM101.5 million, from RM47.44 million previously.

Earnings per share rose to 5.88 sen from 4.77 sen in 4QFY2021. 

Nga said the rates that can be charged for such entities in Malaysia are now one of the lowest in the region.

A custom-built house that used to belong to screen siren of the olden days aka the Golden Age of Hollywood, Zsa Zsa Gabor, and her sister Magda, is on the market for US$3.8 million.

Quarterly revenue improved 15.57% to RM81.80 million, from RM70.78 million for 3QFY2022, with the property development segment as the major revenue contributor.