Tropicana 2Q net profit jumps 58.6% on higher revenue
KUALA LUMPUR (Aug 30): Tropicana Corp Bhd’s net profit surged 58.
Penthouse at The Edge on Cairnhill in Singapore sold at S$2.2 mil loss
On Aug 15, a 5,673 sq ft penthouse at The Edge on Cairnhill in prime District 9 was sold at a S$2.
Court auctions should not be made exclusively online, say Penang auctioneers
PETALING JAYA (Aug 30): Court auctions should not be made exclusively online on the e-Lelong platform.
Mulpha returns to the black in 2Q
KUALA LUMPUR (Aug 29): Mulpha International Bhd returned to the black in the second quarter ended June 30, 2017, chalking a pre-tax profit of RM90.
OSK 2Q net profit up 32%, pays 2.5 sen dividend
KUALA LUMPUR (Aug 29): OSK Holdings Bhd's net profit rose 32% to RM55.
Multi-phase development without subdividing land could be a big issue for property owners
PETALING JAYA (Aug 29): Property buyers of a multi-phase development need to be aware of whether the property they purchased is built on a subdivided land.
Najib: Phase 1 of River of Life project 81% complete
KUALA LUMPUR (Aug 29): The first phase of the government's River of Life project, which aims to improve the water quality of the Klang and Gombak rivers, is now 81% completed, and will be fully completed by 2020, said Prime Minister Datuk Seri Najib Razak on his website yesterday.
PPB Group expects higher revenue from property segment next year
KUALA LUMPUR (Aug 29): PPB Group Bhd expects higher revenue from its property segment in 2018 — thanks to the upcoming mixed development project at the Ming Tien Food Court site at Taman Megah, Petaling Jaya and better occupancy rate for Cheras LeisureMall.
PPB Group raises capex to RM565 mil for 2017
KUALA LUMPUR (Aug 29): PPB Group Bhd has raised its capital expenditure (capex) by RM164 million mainly for investments in China flour mill, bringing its total capex this year to RM565 million.
Pasukhas gets RM14 mil claim from contractor for Menara Warisan Merdeka project
KUALA LUMPUR (Aug 29): Pasukhas Group Bhd has been dragged into an arbitration proceeding by the main contractor for the 118-storey Menara Warisan Merdeka project, over an alleged breach of subcontract works worth RM14 million.
