News about ar

KUALA LUMPUR (Aug 23): JAKS Resources Bhd’s net profit for the second quarter ended June 30, 2016 (2QFY16) increased by more than three times to RM9.

KUALA LUMPUR (Aug 23): Sime Darby Property Bhd, the property arm of Sime Darby Bhd, said it is changing the name of the 360-acre (145.

Amcorp Properties Bhd (Aug 22, 92 sen) Maintain hold with unchanged target price of 89 sen: In the absence of any major property disposal, Amcorp Properties Bhd’s (AmProp) net earnings contracted a sharp 92% year-on-year to a mere RM4.

THE HILLS of Ukay Heights in Ampang offer a quiet respite from the sprawling skyscrapers and bustling traffic in the city centre.

HYPERMARKET operator Tesco Stores (M) Sdn Bhd, which posted two consecutive years of losses, expects its performance to improve this year as its three-year transformation plan kicks off and begins to bear fruit.

ECO World Development Group Bhd is scheduled to hand over the first phase of the 1,089-acre Eco Majestic township in Semenyih, Selangor, by October.

KUALA LUMPUR (Aug 22): Boustead Plantations Bhd’s second quarter net profit doubled to RM97.

SINGAPORE (Aug 22): UOB Kay Hian is maintaining its “buy” rating for Genting Singapore, but with a lower target price of 84 cents from 88 previously as the casino operator is hit by lower mass market gross gaming revenue (GGR) at its Resorts World Sentosa (RWS) integrated resort.

KUALA LUMPUR (Aug 22): Genting Group is among six bidders for a casino project in Toronto, Canada, according to a New York Post report.

KUALA LUMPUR (Aug 22): After a rather dismal year in which earnings plummeted 75% on reduced profit margin as revenue slid 23% on lower construction contribution, Kedah-based property player EUPE Corp Bhd expects its financial year ending Feb 28, 2017 (FY17) to chart better numbers in both revenue and profit.