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KUALA LUMPUR (May 25): Malaysia Building Society Bhd’s (MBSB) net profit in the first quarter ended March 31, 2017 (1QFY17) nearly tripled to RM101.

The take-up rate of new homes, as measured by the sales-to-launch ratio, has dropped from 117% in March to 96% last month, notes Nicholas Mak, executive director of research and consultancy at SLP International.

KUALA LUMPUR (May 24): Property developer Sunsuria Bhd's net profit for the second financial quarter ended March 31, 2017 (2QFY17) surged more than fivefold to RM18 million or 2.

SINGAPORE (May 24): OCBC is maintaining its ‘buy’ on Wing Tai Holdings (Wing Tai) after the latter made an unconditional voluntary takeover offer for Wing Tai Malaysia Bhd (WTM).

SHAH ALAM (May 24): Property developer Magna Prima Bhd is open to all kinds of possibilities in terms of monetising its 1.

KUALA LUMPUR(May 24): Loss-making hospitality and property company Landmarks Bhd hopes to turn profitable by its financial year ending Dec 31, 2018 (FY18), according to its chief executive officer Mark Wee Liang Yee.

KUALA LUMPUR (May 24): Jaks Resources Bhd net profit for the first quarter ended March 31, 2017 surged 600% to RM7.

KUALA LUMPUR (May 24): Anzo Holdings Bhd said it is partnering with a subsidiary of a Chinese firm to take part in the construction of Paragon@KL Northgate, a mixed development project carrying a gross development value of RM3.

KUALA LUMPUR (May 24): IOI Properties Group Bhd saw its net profit fall 54.

KUALA LUMPUR (May 24): IGB Corp Bhd, which saw a big jump in first-quarter (1Q) net profit, hopes to achieve full-year earnings that are on a par with the previous year by leveraging on its diversified portfolio of property assets.