Hock Seng Lee 2Q profit down on lower construction income
KUALA LUMPUR (Aug 23): Hock Seng Lee Bhd’s (HSL) net profit for the second quarter ended June 30, 2017 (2QFY17) fell 21% year-on-year (y-o-y) to RM9.
IGB Corp sees 41% profit jump in 2Q
KUALA LUMPUR (Aug 23): IGB Corp Bhd’s net profit for its second quarter ended June 30, 2017 (2QFY17) jumped 41% year-on-year to RM76.
S P Setia wins silver for highest growth in profit after tax at The Edge BRC Awards 2017
KUALA LUMPUR (Aug 23): S P Setia Bhd won silver at The Edge Billion Ringgit Club Awards 2017 in the category of companies with the highest growth in profit after tax for over three years in the property sector.
Sime Darby Property is the most awarded developer at CIDB’s Qlassic Excellence Award 2017
PETALING JAYA (Aug 22): Sime Darby Property has bagged 13 quality building awards at the Qlassic Excellence Award 2017, making it the developer with the most wins at this year’s event.
Kerjaya Prospek 2Q earnings up 34% to RM32.9m, adopts minimum 25% dividend policy
KUALA LUMPUR (Aug 22): Kerjaya Prospek Group Bhd's net profit for its second quarter ended June 30, 2017 rose 34% to RM32.
MBSB 2Q net profit up 45% on higher income, investment activities
KUALA LUMPUR (Aug 22): Malaysia Building Society Bhd's (MBSB) net profit climbed 44.
Othman Abd Razak is chairman of Tropicana; declares 2 sen dividend
KUALA LUMPUR (Aug 22): Tropicana Corp Bhd independent director Tan Sri Othman Abd Razak has been redesignated as chairman of the group effective immediately.
Serba Dinamik buys 30% stake in housing developer for RM18.3 mil
KUALA LUMPUR (Aug 21): Serba Dinamik Holdings Bhd's wholly-owned unit Serba Dinamik Group Bhd is acquiring 14,000 shares or a 30% stake in Almurisi Development Sdn Bhd (ADSB) for RM18.
Number of construction projects assessed with Qlassic increased 15% last year
PETALING JAYA (Aug 21): The number of construction projects that were assessed with the Quality Assessment System in Construction (Qlassic) have increased 15% to 311 projects in 2016 from the previous year.
Bank Negara Malaysia seen maintaining OPR on 2Q GDP growth — analysts
KUALA LUMPUR (Aug 21): CIMB Investment Bank Bhd and Public Investment Bank Bhd said Bank Negara Malaysia is expected to maintain the Overnight Policy Rate (OPR) at 3% until end of 2017, after Malaysia reported second quarter (2Q17)economic growth at 5.
