MRCB rises 2.10% on solid 4Q earnings
KUALA LUMPUR (Feb 28): Malaysian Resources Corp Bhd (MRCB) rose 2.
UEM Sunrise sees 26% drop in 4Q net profit
KUALA LUMPUR (Feb 28): UEM Sunrise Bhd’s net profit in the fourth quarter ended Dec 31, 2016 (4QFY2016) slipped 26.
Sunway confident about future earnings
KUALA LUMPUR (Feb 28): Sunway Bhd’s net profit for the fourth quarter ended Dec 31, 2016 dropped 13% to RM185.
MRCB’s FY2016 revenue, PBT highest in 10 years
PETALING JAYA (Feb 27): Driven by strong performance in the property development segment, Malaysian Resources Corp Bhd (MRCB) has recorded a revenue of RM1.
Court quashes EOT by housing ministry in favour of LAD for Sri Istana Condo buyers
PETALING JAYA (Feb 27): The aggrieved buyers of Sri Istana Condo on Jalan Kuchai Lama, Kuala Lumpur have succeeded in defending their rights to claim liquidated ascertained damages (LAD) for the delay in delivering vacant possession to them.
Titijaya partners CREC to develop RM575 mil mixed project in Kota Kinabalu
KOTA KINABALU (Feb 27): Property developer Titijaya Land Bhd is partnering China Railway Engineering Ltd to jointly develop mixed-use project with a gross development value (GDV) of RM575 million on a 1.
Tititjaya to acquire prime land in Sabah for RM71 mil
KUALA LUMPUR (Feb 27): Property developer Titijaya Land Bhd plans to buy a company that owns three plots of leasehold land in Sabah measuring a total of 30.
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Mah Sing introduces new logo, tagline and vision
PETALING JAYA (Feb 27): Mah Sing Group Bhd (Mah Sing) unveiled its new corporate logo and tagline during the company’s annual dinner at the Majestic Hotel, Kuala Lumpur, recently.
Phase one of M101 Skywheel 80% sold over launch weekend
PETALING JAYA (Feb 27): The phase one of M101 Skywheel, Kuala Lumpur was 80% sold at its official launch last weekend, said M101 Holdings Sdn Bhd CEO Datuk Seth Yap.
Sime Darby's separate listings plan involves internal restructuring, share distribution
KUALA LUMPUR (Feb 27): Sime Darby Bhd’s proposed pure-play strategy involving the creation of three listed entities also entails the restructuring of the group’s borrowings, transferring of certain assets within the group and the capitalisation of inter-company loans.
