China’s Country Garden is here for ‘long term’
KUALA LUMPUR (March 1): Hong Kong-listed Country Garden Holdings Co Ltd, the company that develops Forest City project that carries a gross development value of US$100 billion (RM444 billion) along the Straits of Johor, is here to stay for long-term investment.
Eversendai slips into the red with RM193 mil 4Q loss
KUALA LUMPUR (Feb 28): Provision for doubtful debts and higher costs caused Eversendai Corp Bhd to slip into the red with a net loss of RM193.
Boustead 4Q earnings surge on lower operating costs, declares 3.5 sen dividend
KUALA LUMPUR (Feb 28): Boustead Holdings Bhd said its net profit for the fourth quarter ended Dec 31, 2016 (4QFY2016) swelled by 28 times to RM120.
Mah Sing's 4Q net profit falls 24% to RM85.61 mil
KUALA LUMPUR (Feb 28): Mah Sing Group Bhd’s net profit for the fourth quarter ended Dec 31, 2016 (4QFY2016) dropped 24% to RM85.
I-Bhd to launch ‘Internet of Things’-ready serviced residences in June
PETALING JAYA (Feb 28): Property developer I-Bhd is planning to launch “Internet of Things” (IoT)-ready serviced residences in i-City, Shah Alam in June, said marketing director Monica Ong.
Mitrajaya's 4Q profit jumps 77%; buys more land via new JV
KUALA LUMPUR (Feb 28): Mitrajaya Holdings Bhd, which announced a 77% jump in its final quarter of financial year 2016's earnings, has partnered up with private developer Gema Padu Sdn Bhd to jointly develop three plots of land that the pair is buying from the latter's subsidiaries.
MRCB rises 2.10% on solid 4Q earnings
KUALA LUMPUR (Feb 28): Malaysian Resources Corp Bhd (MRCB) rose 2.
Is Malaysia ready for reverse mortgage?
WORRY-free retirement is something many people look forward to.
Titijaya partners CREC to develop RM575 mil mixed project in Kota Kinabalu
KOTA KINABALU (Feb 27): Property developer Titijaya Land Bhd is partnering China Railway Engineering Ltd to jointly develop mixed-use project with a gross development value (GDV) of RM575 million on a 1.