GSB expects to turn profitable in FY20

KUALA LUMPUR (Dec 23): Property developer GSB Group Bhd, which has been loss-making for the last six consecutive years, expects to turn profitable in the current financial year ending March 31, 2020 (FY20), driven by sales contribution from its three ongoing property projects.

READ MORE

ASM Development countersues Econpile for almost RM346m

KUALA LUMPUR (Dec 23): Property developer ASM Development (KL) Sdn Bhd (ASMDKL), a unit of Maju Holdings Sdn Bhd, has countersued Econpile Sdn Bhd, a subsidiary of Econpile Holdings Bhd, for almost RM346 million for its failure to carry out work at its Maju Kuala Lumpur project, in response to a suit filed by the construction contractor in March this year.

READ MORE

Taking a look at Tesco's assets

KUALA LUMPUR (Dec 21): Tesco has announced earlier this month that it is reviewing its businesses in Thailand and Malaysia after being approached by an unnamed buyer.

READ MORE