Guocoland's 2Q profit lower on absence of land sale proceeds
KUALA LUMPUR (Jan 26): Guocoland (M) Bhd, the property arm of Hong Leong Group, saw its net profit for the second quarter ended Dec 31, 2017 (2QFY18) contract to RM965,000 from RM110.
KUALA LUMPUR (Jan 26): Guocoland (M) Bhd, the property arm of Hong Leong Group, saw its net profit for the second quarter ended Dec 31, 2017 (2QFY18) contract to RM965,000 from RM110.
KUALA LUMPUR (Jan 25): Trendcell Sdn Bhd, which operates supermarket chain Jaya Grocer, plans to open five new stores across the country this year to take the total store count to 27.
KUALA LUMPUR (Jan 25): Bank Negara Malaysia (BNM) (pictured) raised the overnight policy rate by 25 basis points to 3.
PUTRAJAYA (Jan 25): The Malaysian Anti-Corruption Commission (MACC) today obtained a five-day remand order from the Magistrate’s Court here on an engineering consultancy company chairman with the “Datuk Seri” title to help in the Penang undersea tunnel investigation, Bernama reported today.
KUALA LUMPUR (Jan 25): The High Court has ordered the founder and director of WCT Bhd (now known as WCT Holdings Bhd), Chan Soon Huat, to pay a RM3.
KUALA LUMPUR (Jan 24): Yong Tai Bhd is optimistic that its first-of-its-kind theatre, Encore Melaka, will deliver consistent revenue and earnings for the group.
KUALA LUMPUR (Jan 24): With Malaysia’s general elections looming, political uncertainty has affected market sentiments and this will have an impact on the general property sector and the commercial property segment in particular.
KUALA LUMPUR (Jan 24): Eco World Development Group Bhd will hold off on launching any sizeable projects this year as it focuses on strengthening its balance sheet and consolidating its landbank.
KUALA LUMPUR (Jan 24): Piling and foundation specialist Econpile Holdings Bhd said it is eyeing the Malaysian infrastructure sector to secure more projects.
KUALA LUMPUR (Jan 24): Axis Real Estate Investment Trust's (Axis REIT's) net property income (NPI) for the fourth quarter ended Dec 31, 2017 (4QFY17) slid 1% to RM35.