Ekovest posts flat 1Q net profit

KUALA LUMPUR (Nov 28): Ekovest Bhd, controlled by tycoon Tan Sri Lim Kang Hoo, reported a flat net profit for the first financial quarter ended Sept 30, 2017 (1QFY18), as higher sales recognition from its property development projects was offset by lower profits from its construction operations.

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High-end property in 'a bit of a glut' — MBSB

KUALA LUMPUR (Nov 28): Malaysia Building Society Bhd (MBSB) is of the opinion the Malaysian property segment is in “a bit of a glut” — but only in the high-end property segment, echoing sentiment shared by Bank Negara Malaysia (BNM) recently.

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Eversendai heading towards calmer waters

KUALA LUMPUR (Nov 27): Steel and construction firm Eversendai Corp Bhd, which is looking to expand its operational presence in the UK and Australian markets, is anticipating “positive” results in its upcoming third quarter financials, that is due to be released this week.

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