Engtex 1Q earnings slump 45% on absence of disposal gain
KUALA LUMPUR (May 25): Engtex Group Bhd's net profit for the first quarter ended March 31, 2018 (1QFY18) dropped 44.
Econpile 3Q net profit rises 7.3% on higher revenue
KUALA LUMPUR (May 24): Econpile Holdings Bhd has registered a 7.
Negative sentiments to continue to bog down construction sector, says CIMB Research
KUALA LUMPUR (May 23): The negative sentiments surrounding the impending review of billion ringgit worth of mega-infrastructure projects, some of which are at risk of being scrapped, is expected to bog down the construction sector during the first 100 days of the new Pakatan Harapan-led government’s reform agenda, according to CIMB Investment Bank Bhd Research.
Setia Ecohill 2 to unveil starter homes from RM513,000 this weekend
PETALING JAYA (May 22): S P Setia Bhd will be soft-launching the Barras starter homes in its Setia EcoHill 2 township in Semenyih, Selangor this weekend.
Sunway's Velocity Mall helps lift 1Q net profit by 14.1%
KUALA LUMPUR (May 22): Sunway Bhd’s net profit for the first financial quarter ended March 31, 2018 (1QFY18) grew 14.
S P Setia, Tradewinds to develop DBKL flats in exchange for Cheras land
KUALA LUMPUR (May 7): S P Setia Bhd's 50%-controlled unit will be undertaking a mixed development in Cheras for Kuala Lumpur City Council (DBKL) in exchange for ownership of 52.
Prasarana’s ex-CEO takes helm of YTL THP JV
KUALA LUMPUR (May 3): YTL THP JV Sdn Bhd, a joint venture between Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd and TH Properties Sdn Bhd, has appointed former Prasarana Malaysia Bhd president and chief executive officer (CEO) Datuk Seri Azmi Abdul Aziz (pictured) as the company’s CEO.
Titijaya expected to ride on property sector’s gradual recovery
Titijaya Land Bhd (April 25, 46 sen) Maintain buy with a lower target price (TP) of 76 sen: We met management of Titijaya Land Bhd recently and came back feeling neutral on the group’s prospects.
Gadang expects FY18 to end on weaker note as 3Q profit slips
KUALA LUMPUR (April 24): Gadang Holdings Bhd expects its current financial year ending May 31, 2018, to end on a weaker note from the previous year, due to what it termed "sluggish market condition" of the property sector.
AIIB considering financing KL-Singapore HSR
KUALA LUMPUR (April 19): The Asian Infrastructure Investment Bank (AIIB) has expressed its interest in financing the Kuala Lumpur-Singapore High Speed Rail (HSR), among other infrastructure projects in Malaysia, according to the Embassy of China.
