Property development dragged Jaks Resources into the red in 4Q
KUALA LUMPUR (Feb 28): Jaks Resources Bhd slipped into the red with a net loss of RM24.
KUALA LUMPUR (Feb 28): Jaks Resources Bhd slipped into the red with a net loss of RM24.
KUALA LUMPUR (Feb 28): Higher profit contribution from the manufacturing, construction and trading divisions lifted Kimlun Corp Bhd’s net profit by 13% to RM24.
PETALING JAYA (Feb 27): The aggrieved buyers of Sri Istana Condo on Jalan Kuchai Lama, Kuala Lumpur have succeeded in defending their rights to claim liquidated ascertained damages (LAD) for the delay in delivering vacant possession to them.
KOTA KINABALU (Feb 27): Property developer Titijaya Land Bhd is partnering China Railway Engineering Ltd to jointly develop mixed-use project with a gross development value (GDV) of RM575 million on a 1.
KUALA LUMPUR (Feb 27): Kerjaya Prospek Group Bhd has posted a fivefold increase in net profit for the fourth quarter ended Dec 31, 2016 (4QFY2016) after consolidating results from two subsidiaries that were acquired in January 2016.
SELLING a property can be made more difficult if the property suffers from certain conditions.
KUALA LUMPUR (Feb 24): Sarawak-based property developer Ibraco Bhd's net profit in the fourth quarter ended Dec 31, 2016 (4QFY2016) dropped 80% to RM3.
KUALA LUMPUR (Feb 24): The real estate market in the East Coast Economic Region, which comprises Pahang, Terengganu, Kelantan and District of Mersing, Johor, is expected to be slow due to the challenging economic environment and weakened consumer sentiment, said Rahim & Co International Sdn Bhd director Sulaiman Akhmady Mohd Saheh.
KUALA LUMPUR (Feb 24): With no contracted power generation revenue and lower cement sales, YTL Corp Bhd's net profit slumped 37% on-year to RM147.
KUALA LUMPUR (Feb 24): Encorp Bhd’s net profit jumped 280% to RM16.