News about ER

The group maintained a gross gearing ratio of 0.

Core net profit for the first three months ended March 31, 2024 (1QFY2024) accounted for 29% of consensus’ full-year estimates, which was above expectations, as analysts noted that SimeProp usually reports stronger results in the second half.

DONE DEAL: Bungalow, Damansara Heights, Kuala Lumpur DONE DEAL: Condominium, Menara Bukit Ceylon, Bukit Ceylon, KL A majority of landed properties in Ukay Heights fall in the >8,000 sq ft range, and non-landed properties are sized in the 1,000-1,500 sq ft range.

LBS Bina said the property development segment remained its largest revenue contributor, at 96% or RM327 million of the group’s total revenue.

Avaland Bhd chief executive officer Apollo Bello Tanco: “This remarkable accomplishment has been further recognised when we managed to secure GreenRE Gold certification for Amika Residences, which is a testament of our continued dedication to develop sustainable projects.

The diversified group saw its net profit for the quarter ended March 31, 2024 (1QFY2024) rise to RM172.

Property sales rose 38.

Lagenda said it entered into a deal on Tuesday to buy the three plots of land from plantation company Hock Lean Rubber Estate Sdn Bhd to expand its land holdings and solidify the group’s position as a developer of affordable townships in Kedah.

The report also highlighted that due to significant immigration inflows into major cities in the region, home prices and rent have risen materially.

Following the acquisition — made through his private investment vehicle Ukay One Sdn Bhd — Liew has a direct holding of 2.