NCT Alliance posts RM7m net profit in 1Q
In a statement on May 31, the developer said the figure was lower than the RM8 million it recorded a year earlier, primarily due to the expense of RM3.
In a statement on May 31, the developer said the figure was lower than the RM8 million it recorded a year earlier, primarily due to the expense of RM3.
DONE DEAL: Serviced residence, Taman Maluri, Cheras, Kuala Lumpur DONE DEAL: Bungalow, Bukit Tunku, Kuala Lumpur Persiaran Wangsa Baiduri is a gated and guarded residential enclave located in Subang Jaya.
Shareholders rejected the proposal for Star Media to sell a piece of land in Bukit Jelutong with the proposed buildings to Matang for RM33 million.
The lower earnings were also due to the higher selling and marketing expenses of RM4.
Block A has a total of 477 units with built-ups ranging from 560 sq ft to 1,050 sq ft with a starting price of RM294,000.
Aside from a land asset, the deal includes the sale of the two semi-detached buildings to Matang, which will be developed by Star Media at an estimated cost of RM14.
In a bourse filing on Tuesday (May 30), Axis REIT said its executive deputy chairman Datuk Abas Carl Gunnar Abdullah, 64, was promoted to executive chairman effective immediately, while its non-independent director Stephen Tew Peng Hwee@Teoh Peng Hwee, 62, will take over the role of deputy chairman.
The company is changing its financial year-end to June 30 from December 31, due to the change in internal operations.
DONE DEAL: Serviced residence, Taman Maluri, Cheras, Kuala Lumpur DONE DEAL: Bungalow, Bukit Tunku, Kuala Lumpur Bandar Damai Perdana is situated in the busy township of Cheras South.
Revenue from the hotel segment more than doubled to RM58.