Analysts expect strong 4Q for S P Setia after Battersea Power delivers in 9M17
KUALA LUMPUR (Nov 10): S P Setia Bhd is expected to see strong results for its fourth quarter for financial year ending Dec 31, 2017 (4QFY17) after its core earnings for the first nine months of the financial year ending Dec 31, 2017 (9MFY17) came in stronger on year-on-year basis, supported by substantial higher earnings from the Battersea Power Station project, according to both Hong Leong Investment Bank (HLIB) Research and CIMB Equity Research.
LBS launches 470-acre new township Alam Perdana
IJOK (Nov 8): LBS Bina Group Bhd’s latest township project Alam Perdana in Puncak Alam, Selangor will be launched this weekend.
Hua Yang 2Q net profit plunges 97% on lower sales
KUALA LUMPUR (Oct 27): Affordable housing developer Hua Yang Bhd saw its net profit plunge 97% to RM584,000 in its second quarter ended Sept 30, 2017 (2QFY18), from RM16.
TRIplc 1Q net profit surges to RM6.16m on concession income
KUALA LUMPUR (Oct 26): TRIplc Bhd (pictured) net profit for the first quarter ended Aug 31, 2017 surged to RM6.
Titijaya to get RM65m compensation over land usage for LRT3
KUALA LUMPUR (Oct 24): Titijaya Land Bhd is to receive compensation totalling RM65.
Sime Darby Property’s Elmina Green first phase 70% sold over weekend launch
PETALING JAYA (Oct 17): Sime Darby Property Bhd saw its latest launch — Elmina Green phase 1 — achieve a take-up rate of 70% over the weekend when it was launched on Oct 14.
Putrajaya’s inspiring architecture
Putrajaya is one of those places where once you drive through the area, it welcomes you with its majestic building structures and wide clear roads.
'Boy Iman' remanded for two days over property scam
KUBANG PASU (Oct 11): The Jitra Magistrate’s Court here granted a two-day remand order on DBI Properties managing director Datuk Noruliman A Rahman to help investigations into a property scam here involving RM30,000, Bernama reported today.
Al-Salam REIT to acquire Mydin in Terengganu for RM155m
KUALA LUMPUR (Oct 4): Al-Salam Real Estate Investment Trust (REIT), via its trustee Amanahraya Trustees Bhd, is planning to buy the Mydin hypermarket in Gong Badak, Terengganu, for RM155 million.