Eco World International 1Q profit jumps 10-fold to RM56m, pays one sen maiden dividend
KUALA LUMPUR (March 25): Eco World International Bhd’s (EWI) net profit jumped by more than 10-fold to RM56.
Covid-19: Malaysia’s new daily cases rise to 1,360
KUALA LUMPUR (March 25): Malaysia's daily Covid-19 infections rose to 1,360 today, from 1,268 yesterday, bringing the country's number of cumulative cases to 338,168.
Gamuda's subsidiary SRS Consortium to undertake development of Island A
KUALA LUMPUR (March 25): Gamuda Bhd's 60%-owned single purpose vehicle SRS Consortium Sdn Bhd will undertake the development of Island A under the Penang's Transportation Master Plan.
S P Setia to unveil Acorus 2 terraced homes this Saturday
PETALING JAYA (March 25): S P Setia Bhd will be launching Acorus 2, the second phase of its SEHati Collection terraced house development, in Setia EcoHill 2, Semenyih this Saturday (March 27).
UEM Sunrise 4Q net loss widens to RM134m from preceding quarter
KUALA LUMPUR (March 25): UEM Sunrise Bhd saw its net loss for the fourth quarter ended Dec 31, 2020 (4QFY20) widen to RM134.
PRG sinks back into the red on impairment losses
KUALA LUMPUR (March 24): PRG Holdings Bhd, which is involved in the manufacturing of webbings, furniture components and the property sector, posted a net loss of RM28.
EcoWorld’s unit issues RM180m sukuk
KUALA LUMPUR (March 24): Eco World Development Group Bhd (EcoWorld) said its wholly-owned subsidiary Eco World Capital Services Bhd has established a sukuk wakalah programme of RM500 million in nominal value.
Malaysia reports 1,268 new daily Covid-19 infections and two deaths
KUALA LUMPUR (March 24): Malaysia confirmed 1,268 new daily Covid-19 cases today, lifting the number of active cases which carry high transmission risks to 14,637, according to Health director-general Tan Sri Dr Noor Hisham Abdullah.
Logistics, e-commerce, healthcare among areas for S P Setia’s potential business diversification
KUALA LUMPUR (March 24): Property developer S P Setia Bhd said it had identified several potential areas for business diversification, according to the group’s 2020 Annual Report released today.
CapitaLand's restructuring exercise paves way for others to follow
SINGAPORE (March 24): The major restructuring plan by CapitaLand to consolidate its fund management and lodging business into a new entity as well as taking its property development business private may pave the way for other industry players to follow suit, reported Bloomberg.
