Ekovest net loss swells in 4Q as construction and property investment revenues decline
The group attributed the lower revenue to fewer construction activities caused by slower lead time for the supply of building materials.
The group attributed the lower revenue to fewer construction activities caused by slower lead time for the supply of building materials.
MRCB added that the strong set of earnings was further boosted by the construction progress of the Light Rail Transit 3 (LRT3) project, despite shortages in labour and key building materials.
Phase 1 occupies 11.
Its group chief executive officer Jeffrey Chew Sun Teong said that although the lingering economic uncertainties due to higher interest rate and inflation have dented buyer sentiment in general, new property launches planned for the rest of the year extend the group a stronger earnings prospect.
The JV will construct the warehouse according to the tenants’ specifications.
“Since the extension of time is dismissed, this court is not seized with the jurisdiction to hear the merits of the judicial review application.
Homebuyers and tenants will have peace of mind dealing with well-informed and digital-savvy agents, enabling them to enjoy a less stressful home-hunting experience, faster transactions, and potentially better deals.
A townhouse is a unique type of property that has two self-contained, individual homes stacked upon each other.
Yong Tai explained that the massive FY22 net loss of RM346.