Scientex Bhd's net profit slipped 12.4% to RM124.98 million in the fourth quarter ended July 31, 2022 (4QFY22) from RM142.65 million, hit by higher tax and interest expenses amid margin compression in its property segment.
Plywood products maker Annum Bhd (formerly Cymao Holdings Bhd), has inked a preliminary agreement to appoint Koperasi Belia Nasional (Kobena) as an agent to get its members to purchase all 130 single-storey terrace homes of a residential project which it is developing in Perak.
Noteworthy:
When: April 2022
SRC International Sdn Bhd and two of its subsidiaries have settled their RM1.43 million suit against Putrade Property Management Sdn Bhd, which manages the World Trade Centre Kuala Lumpur, amicably.
Ageson Bhd is selling 9.33 acres of freehold land in Gombak, Selangor to Koperasi Belia Nasional Bhd for RM35 million cash.
Award-winning property developer S P Setia Bhd and one of the region's leading hotel management companies ONYX Hospitality Group, recently introduced the new Amari Kuala Lumpur in Setia KL Eco City, Kuala Lumpur.
Strata titles of properties must be handed over together with the delivery of vacant possession, stated the Special Task Force to Facilitate Business (PEMUDAH) in its meeting on Sept 26.
S P Setia Bhd and Tenaga Nasional Bhd (TNB) kick-started their green initiative partnership with the installation of solar panels on the developer's corporate headquarters in Setia Alam, Shah Alam at a commencement signing ceremony on Wednesday (Sept 28). This is the first phase of S P Setia's green initiatives in partnership with TNB.
PPB Properties, the property division of PPB Group Bhd today unveiled its new “community-centric neighbourhood mall” within Megah Rise, Taman Megah.
To mark the public opening of London’s Battersea Power Station on Oct 14, there will be a free, five-day ‘Festival of Power’ that will run from Oct 14 to 16 and on Oct 22 and 23.
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