AME Elite 1Q earnings more than double on stronger property, construction segments
AME Elite said revenue from the property development segment rose 63.
AME Elite’s 4Q net profit rises 40% on strong construction revenue
All other segments recorded revenue growth except for the engineering services segment, which declined due to progression in the completion stage of ongoing engineering projects.
AME REIT to acquire three industrial properties from AME Elite for RM100.8m
AME Elite plans to allocate the majority of the proceeds towards further development of i-TechValley, as well as other industrial property projects and investments.
AME Elite ekes out tiny quarterly profit on lower tax expenses
“Overall, the board of directors expects the group to achieve better financial performance for FY2025,” AME Elite said.
SD Guthrie, AME Elite to jointly develop green industrial park in Kulai
SD Guthrie said the park will be developed on 641 acres of land in its estate in Kulai as a hub for high-value industries such as logistics, advanced manufacturing and clean technologies.
AME Elite, KLK to jointly develop industrial park in Ijok
The collaboration marks KLK’s inaugural venture into industrial property development and represents an expansion for AME Elite outside of Johor and Penang, where it is a major industrial property developer.
AME Elite to establish sukuk wakalah programme of up to RM1.8b
RAM Rating Services Bhd has assigned a rating of “AA3” to the IMTN programme, and “P1” to the ICP programme, both with a stable outlook.
AME Elite’s 1Q net profit drops 37% on lower property, construction contributions
Earnings per share fell to 2.
AME Elite sells four Johor industrial properties to AME REIT for RM119.5 mil
This is AME REIT’s second acquisition from AME Elite within 10 months.
AME Elite to launch RM1b GDV industrial park in Penang in 2H2024
“This venture beyond Johor will enable us to tap into new markets and meet increasing demand for industrial properties in Penang,” said the group in its latest annual report.
