News about IT

PETALING JAYA (May 25): Mah Sing Group Bhd will be delivering the vacant possession of Savanna Executive Suites in Southville City, Bangi, Selangor, commencing September this year.

KUALA LUMPUR (May 25): Securities Commission Malaysia (SC) has filed a civil suit at the Kuala Lumpur High Court against seven individuals for insider trading involving the shares of Worldwide Holdings Bhd (Worldwide), a company previously listed on Bursa Malaysia.

KUALA LUMPUR (May 25): Kerjaya Prospek Group Bhd net profit for the first quarter ended March 31, 2017 rose 21.

KUALA LUMPUR (May 25): Iskandar Waterfront City Bhd (IWC) said it is positive on prospects ahead for the group amid a challenging economic backdrop.

PETALING JAYA (May 25): The total value of global real estate assets under management (AUM) surged by 20% year-on-year from US$2.

KUALA LUMPUR (May 25): Property developer cum hotel operator Plenitude Bhd saw its third quarter ended March 31, 2017 (3QFY17) net profit declined by 13% to RM12.

Pesona Metro Holdings Bhd (May 24, 67 sen) Maintain buy with an unchanged target price of 81 sen: Pesona Metro Holdings Bhd reported its first quarter of financial year 2017 (1QFY17) results with revenue of RM160.

The take-up rate of new homes, as measured by the sales-to-launch ratio, has dropped from 117% in March to 96% last month, notes Nicholas Mak, executive director of research and consultancy at SLP International.

KUALA LUMPUR (May 24): Property developer Sunsuria Bhd's net profit for the second financial quarter ended March 31, 2017 (2QFY17) surged more than fivefold to RM18 million or 2.

KUALA LUMPUR (May 24): UOA Real Estate Investment Trust (REIT)'s first quarter ended March 31, 2017 (1QFY17) net rental income declined by 14% to RM14.