Matrix Concepts 2Q net profit gains over 5% on disposal gain, pays 2.75 sen dividend
The Bandar Sri Sendayan township developer said its profit margin was 21.
The Bandar Sri Sendayan township developer said its profit margin was 21.
“The Ministry of Finance did not authorise these purchases, but the Ministry of Rural and Regional Development (KKDW) appealed [for them], and the matter was brought to the Economic Council, which then approved it in 2013.
“It was also RM179 million higher than a previously cancelled direct deal.
Ho Hup said it received a sealed court order dated Nov 21, 2024 which said the winding-up petition has been struck out with liberty to file afresh and that Joterix’s deposit of RM3,000 will be refunded.
It also brings the group's total contract wins for 2024 to RM732.
For the cumulative first nine months ended Sept 30, 2024 (9MFY2024), the group posted a net profit of RM4.
A three-member bench, led by COA judge Datuk Supang Lian, said it was unanimous in its decision to allow the application, while also giving the nod to parties to file a supplemental record of appeal containing measures subsequent to the High Court’s decision dated Oct 9, 2023.
The investment will reinforce JRL’s capital position to support its £1.
Vizione Builder had, on Oct 8, served a default notice to Inspirasi Langkawi on Oct 8 over the partial or non-payment of its works, and warned that it would suspend work or quit the job if the outstanding sum was not settled.
The Sarawak Land Code is a vital tool in managing land in Sarawak, balancing the demands of development with the preservation of indigenous rights.