Its largest shareholder Datuk Leong Kok Wah, through his direct holdings, Eco World Capital (International) Sdn Bhd and Sinarmas Harta Sdn Bhd, owns some 728.
Eco World International stated that the declaration of the first interim dividend follows the completion of the reduction of the issued share capital of the company pursuant to Section 117 of the Companies Act 2016 (Capital Reduction Exercise) which had been announced on Aug 3, 2023.
Eupe Corp Bhd group managing director, Datuk Beh Huck Lee: With key projects now launched and showing strong performances, we are well on the way to returning to the record revenue and profit levels the company demonstrated prior to COVID.
NCT executive chairman and group managing director Datuk Sri Yap Ngan Choy said while the bottom line was impacted in the period under review, the company continued to record solid growth in revenue.
The rating of the sukuk programme of AA +IS has been affirmed by MARC Ratings Bhd with a stable outlook, the group said.
Having emerged from the pandemic a year ago with everything continuing to normalise and getting better, and with elections out of the way, developers are optimistic about the next year.
Datuk NK Tong: Just as developers have cross-subsidised affordable housing, perhaps financial institutions can be encouraged to look at cross subsidies to help finance affordable housing or set up a special fund or quota to give home loans to borrowers in lower income categories (B40 group).
While developers are currently maintaining a neutral view on the business, economic and property industry outlook for the coming year, there is increased optimism anticipated for 1H2024.
Tan Sri Vincent Tan’s counsel Chuar Kia Lin confirmed with The Edge that the Shah Alam High Court allowed the ex-parte injunction application earlier on Thursday (Aug 17).
Sales achievement of RM2.
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