Ingenieur Gudang reports higher 2Q profit on disposal gain, higher construction revenue
Revenue for the quarter more than doubled to RM12.
IGB’s 1Q net profit triples, boosted by land disposal gains
Revenue for the quarter, meanwhile, increased by 5% year-on-year to RM416.
WCT in the red again in 3Q on absence of land disposal gain
Quarterly revenue, however, rose 5.
Bursa quizzes Lion Industries over RM92 mil land disposal
Bursa Securities in a query asked Lion Industries five questions, including the reason for the estimated expenses for the disposal at RM22.
PLB Engineering to rake in RM10.76m gain from Penang land disposal
PLB Engineering said its wholly-owned subsidiary PLB Land Sdn Bhd had entered into a sale and purchase agreement with Milenium Baru Sdn Bhd on Aug 7 for the disposal.
Hextar Technologies to exit warehouse segment after RM78.31 mil land disposal
“Upon completion of the (disposed) proposals, HexTech will continue mainly with its logistics, trading and technology and other businesses, such as insurance agency and investment holding,” HexTech said in a filing on Tuesday (July 4).
Gains from Genting Malaysia’s Miami land disposal a large windfall, says Nomura
In a note, Nomura analysts Tushar Mohata and Alpa Aggarwal said the sale was a very positive development for the company and its parent, Genting Bhd.
Southern Steel disposes of lands in Johor for RM65m to repay borrowings
KUALA LUMPUR (Dec 3): Southern Steel Bhd is disposing of two parcels of land in Sungai Tiram, Johor for RM65 million cash, to repay the group’s borrowings.
Amcorp Properties sinks deeper into the red in 1Q despite higher revenue
KUALA LUMPUR (Sept 14): Amcorp Properties Bhd sank into a deeper net loss of RM7.
Analysts raise S P Setia target price on Tebrau land disposal
KUALA LUMPUR (May 10): Analysts have raised their target prices (TPs) for S P Setia Bhd after the company sold eight parcels of land measuring 959.
