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KUALA LUMPUR (May 31): MKH Bhd has reported lower net profit and revenue for its second quarter ended March 31, 2017 (2QFY17) mainly due to lower sales revenue and profit recognition from its property and construction segment.

KUALA LUMPUR (May 31): Fajarbaru Builder Group’s net profit in the third quarter ended March 31, 2017 (3QFY17) grew close to eight times to RM22.

KUALA LUMPUR (May 31): Property developer Malton Bhd’s net profit for the third quarter ended March 31, 2017 (3QFY17) dropped 39.

KUALA LUMPUR (May 31): Mulpha Internatinational Bhd’s first quarter net loss narrowed to RM1.

KUALA LUMPUR (May 31): Mudajaya Group Bhd started its financial year 2017 with a net loss of RM26.

KUALA LUMPUR (May 31): LBS Bina Group Bhd’s net profit soared 47% to RM24.

KUALA LUMPUR (May 31): Damansara Realty Bhd’s external auditor has issued a statement regarding a material uncertainty in the financial statements of Damansara Realty that may cast significant doubt on the company’s ability to continue as a going concern.

THE top three most profitable deals in the week of May 9 to 16 were in prime Districts 9 and 10, and they were for big, four-bedroom units in older developments.

KUALA LUMPUR (May 30): Ahmad Zaki Resources Bhd's (AZRB) first-quarter net profit rose 45.

SINGAPORE (May 30): Maybank Kim Eng Research is turning positive on Singapore’s property developers with expectations of a potential rebound in property prices, even without further policy easing.