Ho Hup profit almost halves in 2Q amid higher finance cost, lower revenue
KUALA LUMPUR (Aug 29): Ho Hup Construction Company Bhd's net profit for the second quarter ended June 30, 2017 (2QFY17) fell 47% year-on-year to RM10.
Ahmad Zaki's 2Q profit jumps 2.6 times with concession income, lower plantation losses
KUALA LUMPUR (Aug 29): Income generated by its facilities management concession of IIUM Medical Centre, together with narrower losses from its plantation division, drove Ahmad Zaki Resources Bhd's net profit up 2.
Mitrajaya 2Q net profit drops 55% on lower construction contribution
KUALA LUMPUR (Aug 29): Mitrajaya Holdings Bhd’s net profit dropped 55% to RM13.
IOI Properties’ 4Q revenue surges 34% y-o-y, driven mainly by Singapore development
PETALING JAYA (Aug 29): IOI Properties Group Bhd 4Q2017 revenue has registered a 34% year-on-year (y-o-y) jump to RM1.
‘Election projects’ may further inflate govt debt
KUALA LUMPUR (Aug 29): An expected rise in large infrastructure projects and affordable housing ahead of the general election is likely to further raise the government’s already-huge contingent liabilities, said RAM Rating Services Bhd.
Tiong Nam 1Q net profit drops 95%
KUALA LUMPUR (Aug 29): Tiong Nam Logistics Holdings Bhd, whose first-quarter (1Q) net profit dropped 94.
Renewed interest in ageing mixed-use developments on Orchard Road
The collective-sale fever has returned, and some investors are adopting a long-term position by buying units in ageing, freehold buildings in the prime Orchard Road belt.
Buyers queue for three days at Taman Mutiara Rini’s latest launch
SKUDAI (Aug 29): More than 200 interested purchasers queued up for three days prior to the launch of the latest double-storey terraced houses in Taman Mutiara Rini in Skudai, Johor recently.
