Malton 1Q net profit jumps four times on gain from a revoked deal
KUALA LUMPUR (Nov 20): Malton Bhd saw its net profit for the first financial quarter ended Sept 30, 2017 (1QFY18) surge four times year-on-year to RM25.
BNM governor highlights imbalances in property market as significant risk to overall economy in event of shock
KUALA LUMPUR (Nov 17): The imbalances in the property market pose significant risks to the overall market in the event of a shock, said Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim as he briefed the media on the country's economic growth for the third quarter.
E&O 2Q earnings jump more than 5 times as property segment results doubles
KUALA LUMPUR (Nov 14): Lifestyle property developer Eastern & Oriental Bhd's (E&O) net profit jumped more than 5 times to RM19.
Mudajaya falls 5.31% on withdrawing from RM810m contract
KUALA LUMPUR (Nov 13): Shares in Mudajaya Group Bhd fell 5.
FMM calls for higher investments in flood and disaster mitigation programmes
KUALA LUMPUR (Nov 7): Following the massive floods in Penang, the Federation of Malaysian Manufacturers (FMM) has called on federal and state authorities to have higher investments in flood and disaster mitigation programmes commensurate with the increase in land development.
RM200m losses seen, as SMEs badly hit by Penang floods
KUALA LUMPUR: While most Penang-based listed companies are little affected by the state’s worst-ever floods, a significant number of small and medium enterprises (SMEs) appear to have been badly hit, with an industry group estimating losses at about RM200 million.
Both chairman and deputy of Nexgram quit
KUALA LUMPUR (Nov 7): Nexgram Bhd saw the the resignation of two of its board members, namely its chairman Datuk Sri Wira Ayub Haji Yaakob and deputy chairman Tuan Haji Norzain Abdul Wahab, yesterday.
Investors made money from these condos on Penang island
Many property investors have been drawn to Penang because of its robust tourism and industrial activities.
Road to Tanjung Bungah housing area collapses amid heavy rain
PETALING JAYA (Nov 5): A road leading to a housing area in Tanjung Bungah – where a landslide at a construction site claimed 11 lives – collapsed early this morning as it was buffeted by heavy rains, according to The News Straits Times.
