Strong property sales push Gamuda’s 2Q profit up 43%
Gamuda recorded higher joint venture contribution in the quarter, its filing showed. Group earnings per share rose to 7.05 sen, from 4.9 sen per share in 2QFY21.
Latest
Jiankun: RM1.2b GDV joint venture fell through due to failure to provide first advance
The company said it could not make the payment within 30 days of the letter of demand dated Feb 4 because it was unable to obtain the relevant financial information within the agreed timeline.
DONE DEAL: Office at UOA Business Park, Selangor
Noteworthy:
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Freehold
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Built-up: 14,082 sq ft
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Unfurnished
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Accessibility: Direct link bridge to Subang Jaya KTM and LRT, easy access to Federal Highway, Damansara-Puchong Expressway (LDP), New Klang Valley Expressway (NKVE) and New Pantai Expressway (NPE)
When: January 2022
Widad to leverage SANY’s IBS tech for RM40b Langkawi project
According to a statement by the company, WBG signed a memorandum of understanding (MoU) with SANY’s local subsidiary Sany Construction Industry Development (M) Sdn Bhd on March 3 to further explore the partnership.
Sabah gets higher quota for hardcore poor housing units
Sabah Assistant Minister for Rural Development Harun Durabi said repairs would also be made to the existing 2,900 units of houses under the programme.
WCT Malls Management promotes safer indoor air quality by installing Panasonic’s Nanoe™ X technology
The installation covers all premises under WCT Malls management namely Paradigm Mall Petaling Jaya, Paradigm Mall Johor Bahru, gateway@klia2 and SkyPark Terminal.
Gamuda Land’s Gamuda Cove receives five-diamond recognition
The Southern Klang Valley township is also the first private township to receive this recognition from the Environment and Water Ministry in collaboration with the Malaysian Green Technology and Climate Change Centre (MGTC).
HSBC Malaysia, Kerjaya Prospek Property complete first green loan for a property developer
In a statement, Kerjaya Prospek Property executive chairperson Datin Toh Siew Chuon said: “This green loan marks a significant milestone for us in our sustainability journey. It is a testament to our commitment to include more sustainable developments [in] our portfolio and to be more responsible in our development and construction practices. We are optimistic about embracing green initiatives and we will be launching more green developments in the near future.
Boustead Properties partners with Maybank Islamic's HouzKEY
The programme will enable qualified potential homeowners to take advantage of HouzKEY’s 100% financing without the need for down payments and with low monthly payments with its competitive home financing rates. There will also be zero payments required during the project construction period.
Landowner brings attention to unresolved land encroachment issue
The landowner had placed the steel container and cement blocks to mark the supposedly original boundaries about two weeks ago, reported The Star, which had caused traffic obstruction on Jalan Bukit Desa.
