Retailers record healthier sales in 2Q17
KUALA LUMPUR (Sept 5): Malaysian retailers posted sales growth of 4.
Mah Sing signs S&P to acquire Cheras Land
KUALA LUMPUR (Aug 30): Mah Sing Group Bhd’s wholly-owned subsidiary Cordova Land Sdn Bhd today inked the deal to acquire 11.
Court rules in SC’s favour in Iris share manipulation case
KUALA LUMPUR (Aug 30): The High Court has ruled in favour of the Securities Commission Malaysia (SC) against six foreign defendants for their role in manipulating shares in Iris Corp Bhd in 2006, marking the end to a civil suit filed by the SC in 2008.
MRCB 2Q revenue almost doubles on stronger engineering and construction contribution
KUALA LUMPUR (Aug 29): Malaysian Resources Corp Bhd’s (MRCB) revenue almost doubled to RM756.
Multi-phase development without subdividing land could be a big issue for property owners
PETALING JAYA (Aug 29): Property buyers of a multi-phase development need to be aware of whether the property they purchased is built on a subdivided land.
Eversendai logs RM20.6 mil profit for 2Q on absence of impairment, forex losses
KUALA LUMPUR (Aug 28): Eversendai Corp Bhd posted a net profit of RM20.
UKM team wins Lafarge Happiness in the City truck design contest
PETALING JAYA (Aug 28): Winners of Lafarge Malaysia’s Happiness in the City truck design competition were announced and received their prizes on Aug 20.
IWCity posts small profit in 2Q
KUALA LUMPUR (Aug 25): After posting six consecutive quarters of losses, Iskandar Waterfront City Bhd (IWCity) returned to the black in its second quarter ended June 30, 2017 (2QFY17) thanks to its property development segment, despite a more than 40% drop in revenue.
Hap Seng Consolidated 2Q net profit up 4%
KUALA LUMPUR (Aug 25): Hap Seng Consolidated Bhd posted a net profit of RM629.
Freezing approvals of new shopping malls will affect the economy, says PPK
PETALING JAYA (Aug 24): Despite concerns over a possible oversuply of retail malls in the Klang Valley, the authorities should not freeze the development of new shopping malls because that would further dampen the already slow economy in the country, said Malaysia Shopping Malls Association (PPK) adviser Tan Sri Teo Chiang Kok.
