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News About Selangor

Aspen to invest RM58.8m in Selangor residential project

By Jan 15

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.

Ayer Holdings plans two new residential launches in 2H18

By Shawn Ng Jan 11

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.

MQREIT to dispose of property for RM28 million

By Neily Syafiqah Eusoff Jan 09

MRCB’s infrastructure outlook increasingly rail-focused

By CIMB Research Jan 04

Malaysian Resources Corp Bhd (Jan 3, RM1.25)

Selangor Dredging declares special dividend of 19 sen

By Sangeetha Amarthalingam Jan 03

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.

Selangor Properties results driven by Australian operation

By TA Securities Dec 29

Selangor Properties Bhd (Dec 28, RM4.82)

Selangor Properties 4QFY17 profit down 64%

By The Edge Financial Daily Dec 28

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.