AME Elite’s 1Q net profit drops 37% on lower property, construction contributions
Earnings per share fell to 2.
Earnings per share fell to 2.
Year-to-date, Kerjaya Prospek has won contracts worth RM1.
CZC also made similar allegations against Vizione Construction Sdn Bhd, a subsidiary of Vizione Holdings Bhd and the second defendant in the suit, with regards to payments amounting to RM15.
This partnership follows the success of two CLQ projects in Ipoh.
This was, however, just a little over half of the RM102.
In its 15th instalment this year, the BRC awards ceremony honouring Corporate Malaysia’s best performing and top responsible organisations aims to spur Malaysian companies to be even better at what they do — not just financially, but also as corporate citizens.
The value of the subcontract is more than four times Sunmow's current market capitalisation of RM232.
This contract is deemed as a recurrent related party transaction, as Datuk Tee Eng Ho, the non-independent non-executive chairman and major shareholder of Kerjaya Prospek, also serves as the executive chairman and major shareholder of Eastern & Oriental Bhd.
The contract involves construction of main building works and external works of the Sultan Azlan Shah Campus, owned by the Sultan Idris Education University, in Tanjong Malim, Perak.