Chin Hin Group Property’s 2Q net profit surges to RM5.8 mil due to higher construction work progress
The construction segment’s profit before tax (PBT) surged more than seven-fold to RM8.
Guocoland 4Q net profit falls 34% on lower contribution from property development segment, pays 2 sen dividend
The group in a filing with Bursa on Aug 18 said it also saw a lower share of results of associates and joint ventures in the current quarter, mainly due to a share of loss in an associated company resulting from fair value loss on its investment properties.
MK Land unit selected as solar power producer
The property developer said a consortium comprising SCSB and Total Energies Renewables SAS has met the criteria in the information guide for CGPP for the development of a 29.
Sime Darby Property shares close at highest since March 2022 amid household rooftop solar initiative
Its share price rose to an intraday high of 61.
Sime Darby Property up 5% in active trade on household rooftop solar initiative
In terms of volume, the counter saw 7.
CGS-CIMB positive on Sime Darby Property's green energy initiative
Sime Darby Property mentioned it could generate about 150MW from 15,000 rooftops in the City of Elmina, Shah Alam’s residential landed units over the next five years.
Khazanah's UEM Group to partner local and foreign investors to develop 1GW solar plant — Asean's largest
The development is one of the strategic, high-value national flagship energy transition projects that have been set out under the National Energy Transition Roadmap (NETR) launched on Thursday (July 27), for which Khazanah was named as the champion for the RE zone in the country.
JAKS Resources to participate in Italy solar photovoltaic project
JAKS said its wholly-owned subsidiary, JAKS Power Sdn Bhd has signed a memorandum of understanding with Zero Carbon Energy Europe GmbH (ZC Energy).
Solarvest to install residential solar solution for PKNS employees
The clean energy provider said its residential solar arm, Vestech Energy Sdn Bhd entered into a Memorandum of Understanding with PKNS’ wholly-owned subsidiary Selangor Industrial Corporation Sdn Bhd (SIC) to accelerate the installation.
GuocoLand saw 29.4% higher 3Q earnings even though revenue fell 7.4%
This was due to higher profits from associates and joint ventures, and better gross profit margins from finalisation of development cost in several projects.
