LBS’ 2Q net profit up 5% on property projects
LBS said it has secured total property sales of RM794 million on the back of RM293 million in bookings as of August 21.
LBS said it has secured total property sales of RM794 million on the back of RM293 million in bookings as of August 21.
"We favour developers with strong sales history, reputable brands, substantial land holdings in desirable locations, and minimal holding costs," it said in a note on Thursday.
However, the offerors led by Leong intend to maintain the listing status of SMI on the Main Market of Bursa Malaysia.
For context, IBTEC, which has a GDV of RM27 billion, is set to become a major circular city within the proposed Johor-Singapore Special Economic Zone in the southern region.
EcoFirst expects to commence development on the Kajang land in the first quarter of 2025, with the development period spanning three to four years.
Setia Homefest will showcase developments in Setia Eco Glades, Setia AlamImpian, Setia Eco Park, Taman Rinting in Johor and Aeropod in Kota Kinabalu, among others.
“We believe that Jaya Grocer will become a cornerstone of convenience, providing everyday essentials right at the doorstep of our residents and enriching the entire neighbourhood with its presence.
“Major developers remain confident on the long term outlook with Johor continuing to be an important market.
The contract involves construction of Phase 2A of Kedah Science and Technology Park in Bukit Kayu Hitam.
Chin Hin is acquiring the stakes in CSS Engineering & Construction Sdn Bhd (CEC) and Critical System Specialist Sdn Bhd (CSS) from two individuals, with total cash of RM26.