UOA Development more than doubles 3Q earnings as progress billings surge
For the first nine months, the company racked up net profit of RM281.
For the first nine months, the company racked up net profit of RM281.
Overall, the property development segment’s contribution was up 25.
The wholly owned unit, Kerjaya Prospek (M) Sdn Bhd, received and accepted the letter of award from Pixel Valley, which is fully owned by Kerjaya Prospek Property Bhd (KPPB), in which certain directors and shareholders hold direct and indirect interest.
LSH Capital reported a quarterly net profit of RM34.
Quarterly revenue, however, rose 10.
Kenanga IB highlighted the strategic location of the lands—about 1.
Developed as a key component of the JS-SEZ masterplan, the initial phase of SJREC is expected to include up to four gigawatts peak (GWp) of solar capacity and 5.
The JC ruled there was a lack of good faith in the filing of the JM and that there was no reasonable plan of rehabilitation of Maju Holdings to restructure.
Under the agreement, VC is granted the right to develop the land, with the project encompassing office and commercial spaces.