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News about Malaysia

WCT 3Q profit jumps 70.2% on stronger construction contribution

Nov 23

KUALA LUMPUR (Nov 23): WCT Holdings Bhd’s net profit for the third quarter ended Sept 30, 2017 grew 70.

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Genting Plantations 3Q profit falls as plantation, property segments weigh

Nov 22

KUALA LUMPUR (Nov 22): Genting Plantations Bhd saw its net profit in the third quarter ended Sept 30, 2017 (3QFY17) dropped 19% to RM76.

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YTL Hospitality 1Q NPI rises 16% on higher revenue

Nov 22

KUALA LUMPUR (Nov 22): YTL Hospitality REIT’s net property income (NPI) rose 16.

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Malaysia luxury property approval freeze 'too vague' — Malton

Nov 22

PETALING JAYA (Nov 22): Malaysia's move to freeze development approvals for shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million each, is “too vague", Malton Bhd said, on not receiving clearer guidelines from the government.

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Hock Seng Lee bags RM57m job in Kuching

Nov 21

KUALA LUMPUR (Nov 21): Hock Seng Lee Bhd (HSL) has bagged a RM56.

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UEM Sunrise 3Q net profit jumps 2.4 times

Nov 21

KUALA LUMPUR (Nov 20): UEM Sunrise Bhd, whose third-quarter net profit jumped 2.

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Suncon 3Q net profit up 11% on construction segment boost

Nov 21

KUALA LUMPUR (Nov 20): Sunway Construction Group Bhd (SunCon), the country's largest pure-play construction group, saw its net profit rise 11.

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Eligible house loan applicants will not be rejected, says Association of Banks in Malaysia

Nov 20

KUALA LUMPUR (Nov 20): The Association of Banks in Malaysia (ABM) has reiterated that its member banks “have been and will continue to” provide home loans to all eligible borrowers, said the association in a statement issued today to rebut claims that commercial banks are imposing strict rules on home loan applicants.

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IOI Properties 1Q profit up 28% on better earnings from core businesses

Nov 20

KUALA LUMPUR (Nov 20): IOI Properties Group Bhd’s net profit jumped 28.

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Sime Darby to review investment-grade rating after demerger exercise

Nov 20

KUALA LUMPUR (Nov 20): Sime Darby Bhd will review its investment-grade rating after spinning off its cash-generating plantation and property units, which will be separately listed on Bursa Malaysia on Nov 30.

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