Matrix Concepts’ 2Q earnings marginally higher as new property sales rise to almost RM407 mil
Overall, the property development segment’s contribution was up 25.
Overall, the property development segment’s contribution was up 25.
The wholly owned unit, Kerjaya Prospek (M) Sdn Bhd, received and accepted the letter of award from Pixel Valley, which is fully owned by Kerjaya Prospek Property Bhd (KPPB), in which certain directors and shareholders hold direct and indirect interest.
Rising project costs were a recurring theme, with several noting that higher electricity tariffs, operational expenses, labour constraints, and utility charges could erode Malaysia’s competitiveness against regional markets such as Vietnam and Indonesia.
AEON STYLE Supermarket will occupy 20,408 sq ft at Setia EcoHill Walk.
LSH Capital reported a quarterly net profit of RM34.
Quarterly revenue, however, rose 10.
The Mulia Residence, Selangor terrace house sold for RM1.
Kenanga IB highlighted the strategic location of the lands—about 1.
Separately, a highlight of the event was Bell Textron’s showcase of its Bell 505 helicopter, which conducted demo flights over the Semenyih Dam.