IOI Prop's 3Q earnings boosted by lower opex, strong JV income
KUALA LUMPUR (May 18): IOI Properties Bhd’s net profit for the third quarter ended March 31, 2018 (3QFY18) jumped 38% year-on-year to RM166.
KUALA LUMPUR (May 18): IOI Properties Bhd’s net profit for the third quarter ended March 31, 2018 (3QFY18) jumped 38% year-on-year to RM166.
KUALA LUMPUR (March 28): Tan Sri Lee Shin Cheng (pictured), the founder of IOI Group Bhd, has been mopping up shares in the group’s property arm on the open market, even as the stock hit an all-time low on Monday.
PETALING JAYA (March 21): IOI Properties Group Bhd has created an online community engagement platform via its mobile app IOI Community.
KUALA LUMPUR (March 13): IOI Properties Group Bhd (IOI Prop) has terminated its agreement with Hongkong Land International Holdings Ltd (HKLI) to jointly develop and manage a land parcel at Central Boulevard in Singapore.
PETALING JAYA (March 10): IOI Properties Group Bhd has secured S$1.
KUALA LUMPUR (Feb 24): IOI Properties Group Bhd's net profit plunged 60% to RM109.
PETALING JAYA (Feb 24): IOI Properties Group Bhd’s proposed joint venture in the Marina Bay financial district has faced challenges in obtaining longer-term financing and fulfilling specific conditions precedent, reported The Edge weekly, citing sources.
KUALA LUMPUR (Dec 21): IOI Properties Group Bhd's wholly-owned subsidiary Fortune Premiere Sdn Bhd (FPSB) has issued RM100 million sukuk to refinance its debt, fund its capital expenditure and for working capital.
PETALING JAYA (Nov 30): IOI Properties Group Bhd has engaged with Lingkaran Trans Kota Sdn Bhd (Litrak) to provide an additional alternative route to Bandar Puteri Puchong while the Bandar Puteri Puchong Interchange remains closed due to upgrading works.