News About Selangor
KUALA LUMPUR (Jan 15): The Aspen Group will invest RM58.8 million to redevelop a piece of commercial land in Selangor through a joint venture with the Selangor Agricultural Development Corp (PKPS), the Business Times reported today.
PUCHONG (Jan 10): Plantation and property group Ayer Holdings Bhd (formerly known as TAHPS Group Bhd) is looking at launching two new projects in its Bukit Puchong township in the second half of this year (2H18), said group CEO Eugene Khoo.
Malaysian Resources Corp Bhd (Jan 3, RM1.25)
KUALA LUMPUR (Jan 3): Selangor Dredging Bhd (SDB) has declared a special dividend of 19 sen per share from proceeds of the group's sale of Wisma Selangor Dredging.
KUALA LUMPUR (Dec 28): Selangor Properties Bhd’s net profit in the fourth quarter ended Oct 31, 2017 (4QFY17) fell 64.4% to RM20.44 million from RM57.4 million a year ago, due to lower other operating income. Its other operating income declined nearly 82% to RM13.79 million in the quarter under review, from RM76.19 million a year ago. Earnings per share shrank to 5.95 sen per share, from 16.7 sen previously. Its quarterly revenue expanded 28.7% to RM45.23 million, from RM35.14 million in the previous corresponding quarter, mainly thanks to its property development division. Its investment holding and Australian operations also recorded higher revenue.