Tiong Nam’s 4Q net profit surges over 11 times on fair value gain from warehouse investment
Quarterly revenue rose 4.
Quarterly revenue rose 4.
The lower contribution from the engineering, construction and environment division was partially offset by the property development and investment division, which recorded an operating profit of RM33.
Revenue improved mildly to RM4.
The group — comprising KLCCP and KLCC REIT — saw quarterly revenue grow 18.
PNB said Raja Arshad is currently chairman of Ekuiti Nasional Bhd, Icon Offshore Bhd and Bumi Armada Bhd.
The property developer’s quarterly revenue rose 14.
In a bourse filing on Monday (May 29), Mah Sing also said its revenue rose 48.
IOI Properties said the property development segment achieved sales with contracts exchanged at RM1.
The group’s property division will continue to be supported by the recognition of revenue from progress billings of properties sold from the ongoing projects in Malaysia and Australia.
E&O managing director Kok Tuck Cheong: “We are honoured to receive recognition from Rehda for our Andaman Island Phase 1, The Meg and Arica.