Bina Puri eyes 20% net profit hike in FY16

KUALA LUMPUR (Jan 14): Bina Puri Holdings Bhd, which is hoping to match its 2015’s order book value of RM1 billion this year, expects its net profit to grow by 20% in the current financial year ending Dec 31, 2016 (FY16), driven by its construction and power business segments.

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Ayala Land MGO is unlikely, says MCT

SHAH ALAM (Dec 21): MCT Bhd has dismissed the concerns of certain factions about a possible mandatory takeover by its single largest shareholder Ayala Land Inc after the latter raised its stake in the company to 32.

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