AmProp’s 1QFY17 earnings within expectations
Amcorp Properties Bhd (Aug 22, 92 sen) Maintain hold with unchanged target price of 89 sen: In the absence of any major property disposal, Amcorp Properties Bhd’s (AmProp) net earnings contracted a sharp 92% year-on-year to a mere RM4.
A touch of Zen
THE HILLS of Ukay Heights in Ampang offer a quiet respite from the sprawling skyscrapers and bustling traffic in the city centre.
Tesco expects transformation to bear fruit this year
HYPERMARKET operator Tesco Stores (M) Sdn Bhd, which posted two consecutive years of losses, expects its performance to improve this year as its three-year transformation plan kicks off and begins to bear fruit.
EcoWorld to launch Harmoni Apartment
ECO World Development Group Bhd is scheduled to hand over the first phase of the 1,089-acre Eco Majestic township in Semenyih, Selangor, by October.
82,012 PPA1M units approved so far, says PM
KUALA LUMPUR (Aug 22): The government has approved 82,012 units of houses under the 1Malaysia Civil Servants Housing project (PPA1M) nationwide, Prime Minister Datuk Seri Najib Tun Razak said today, reported Bernama.
CapitaLand Retail China Trust’s newly-acquired mall a ‘potential core asset’
SINGAPORE (Aug 22): CapitaLand Retail China Trust (CRCT) is looking at a “potential core asset” in its newest acquisition, the Galleria shopping mall in Chengdu, China.
IOI Properties 4Q profit down 3% on higher tax expenses, pays 8 sen dividend
KUALA LUMPUR (Aug 22): IOI Properties Group Bhd has reported a 3% drop in net profit for its fourth financial quarter ended June 30, 2016 (4QFY16) to RM389.
Boustead Plantation’s 2Q net profit doubles on gains from land disposals
KUALA LUMPUR (Aug 22): Boustead Plantations Bhd’s second quarter net profit doubled to RM97.
TRIplc down 10.7% after scrapping Sungai Buaya land disposal
KUALA LUMPUR (Aug 22): Shares in construction form TRIplc Bhd were down as much as 18 sen or 10.
