Kimlun 1Q net profit up 26% to RM15.9m
KUALA LUMPUR (May 31): Kimlun Corp Bhd’s net profit for the first quarter ended March 31, 2019 (1QFY19) rose 26% to RM15.
Sunsuria 2Q net profit surges almost 15 times helped by MFRS 15
KUALA LUMPUR (May 31): Sunsuria Bhd’s net profit surged almost 15 times to RM91.
EPF records lower income of RM9.66b for 1Q19
KUALA LUMPUR (May 31): The Employees Provident Fund's (EPF) investment income for the first quarter ended March 31, 2019 (1Q19) dipped to RM9.
Property Management: Ask the experts — sinking fund
Q: What is the function of a sinking fund? Is there any guideline on how much a home owner should be charged? The Strata Management Act 2013 requires every parcel owner to contribute to the sinking fund every month.
Johor executive councillor denies he was given Country Garden unit
KUALA LUMPUR (May 30): Johor state executive councillor for Health, Culture and Heritage Mohd Khuzzan Abu Bakar has denied a report that he obtained a Country Garden Danga Bay condominium unit from a local businessman, reported the Malay Mail.
Paramount says planning overseas property venture
KUALA LUMPUR (May 29): Paramount Corp Bhd said the group is currently in talks with potential partners for its venture into overseas property markets within the next five years.
First tower of Sunway Avila 80% taken up at private sales event
KUALA LUMPUR (May 29): The first tower of Sunway Property’s integrated and freehold Sunway Avila development in Wangsa Maju here has been 80% taken up during a private event for priority registrants on Saturday May 25, said the developer in a press release today, Sunway Avila is Sunway Property’s first development in Wangsa Maju.
EPF confirms purchase of Sports Direct HQ in the UK for £120m
KUALA LUMPUR (May 28): The Employees Provident Fund (EPF) has confirmed the fund's purchase of Sports Direct International Plc's headquarters (HQ) in the UK for £120 million, or approximately RM636.
Putrajaya to write off states’ RM3.8b water supply-related debts
PUTRAJAYA (May 28): The federal government is writing off a sum of RM3.
60% take-up at Sunway Onsen Suites’ sales preview
IPOH (May 28): Sunway Property’s Sunway Onsen Suites in Sunway City Ipoh has recorded a 60% take-up rate for its first tower comprising 252 units of serviced suites following a sales preview on May 20, said the developer in a press release today.
