Cahya Mata Sarawak shares hit six-week high after surge in profits
For the fourth quarter ended Dec 31, 2024 (4QFY2024), the group’s net profit soared 85.
MGB posts 22% rise in 4Q net profit on higher other income, pays 1.52 sen dividend
According to MGB, the improvement in FY2024 was predominantly attributed to its property development segment’s fourfold leap in revenue to RM483.
Perak Corp plans share capital reduction, RM90 mil land sales, preference shares issuance to regularise financial condition
The share capital reduction entails the cancellation of RM185 million of its RM272.
Cahya Mata books highest quarterly net profit in more than two years, declares three sen dividend
Its property development segment had returned to black, with an operating profit of RM18.
Crowne Plaza Penang Straits City opens, kicks off RM4.3b master development in Butterworth
As the first Crowne Plaza in Penang, the 23-storey, five-star waterfront hotel features 343 rooms and suites, catering to increased business travel and foreign investment activity in the northern state.
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EcoWorld takes full control of Puncak Alam-based developer after buying out EPF's 40% stake
Following the acquisition, EcoWorld Malaysia will fully consolidate Paragon Pinnacle’s balance sheet — instead of the 60% share of results previously.
DONE DEAL: Bukit Bintang condo sold (Verticas Residensi)
DONE DEAL: Condo unit, Trinity Pentamont, Mont’Kiara, Kuala Lumpur DONE DEAL: Condo unit, Verticas Residensi, Bukit Bintang, Kuala Lumpur Average transacted prices for non-landed properties in Bukit Bintang saw a 23% decrease between 2023 and 2024.
GDB wins RM83m in new adjudication involving payments for 8 Conlay project
The sum comprises RM76.
SkyWorld completes EdgeWood Residences ahead of schedule, showcases healthy home concept
Looking ahead, Lee said that the “SkyWorld Healthy Home” concept will continue to be implemented in future projects, providing affordability and liveability to residents and fostering healthier living habits in their living spaces.
Dianthus serviced residences at Tropicana Gardens PJ receives GBI Silver certification
Dianthus comprises 271 units with built-ups ranging from 601 to 1,401 sq ft.
