EcoWorld on track to achieve RM3.5 bil sales target in FY2023, say analysts
PublicInvest Research, which maintained its “outperform” call on EcoWorld with a target price (TP) of 88 sen, said the current sales of RM2.
Serious attention needed to prevent retaining wall failures (again)
To address this issue, it is crucial to delve into the key factors contributing to retaining wall failures and emphasise the importance of regular maintenance and inspections.
INC @ KL Eco City promotes ‘greener’ reading culture with LearnINC x BUKU book swap
The book swap on June 24 is expected to attract book enthusiasts to swap their used books with others, reducing carbon emissions from the disposal of old books.
Lin Yun Ling continues as Gamuda’s group MD until mid-2028
In a bourse filing on Thursday (June 22), the engineering, property and infrastructure group said it had approved the renewal of the employment contract of the 68-year-old engineer-turned-corporate leader from July 1, 2023 to June 30, 2028.
Gamuda's 3Q net profit edges up to RM223.36 mil on stronger overseas earnings, pays six sen dividend
On a quarter-on-quarter basis, Gamuda’s latest quarterly net profit rose 14.
JKG’s 1Q net profit up 24.2% upon rise in property development earnings
“The increased revenue was contributed by the progress of construction works from Phase 2 of The ERA albeit lower progress of construction works from the near completion residential projects namely Phase 3 and Phase 4 of Taman Puteri in Kulim, Kedah for the current quarter,” the group said.
Gamuda kicks off Penang South Island reclamation with RM3.7b Phase 1 works
This involves about 1,260 acres of the total 2,300 acres to be reclaimed for the island known as Island A, which the project developer Silicon Island Development Sdn Bhd — the 70:30 joint venture between Gamuda and the Penang state government — had previously estimated would cost RM6 billion in total to reclaim, with the cost of common infrastructure expected to be RM2.
Furniture maker AHB plans to venture into building materials, machineries after property development
The loss-making group said the proposed diversification is in line with its objective of generating an additional income stream in response to the group’s "lacklustre" financial performance and to reduce its reliance on the furniture business as its sole revenue contributor.
Nomura ‘negatively surprised’ by collapse of Genting Malaysia’s sale of Miami land
On Thursday (June 22) morning, GenM disclosed that the purchaser, Smart Miami City LLC, had decided to end its current bid after requesting an extension of the exclusivity period and amendments to the commercial terms of the Sale and Purchase Agreement — requests that GenM chose not to grant.
Sunsuria buys 80% in Mayer Land to take part in two Rumah Selangorku projects and a mixed development in Penang
The group’s wholly-owned subsidiary Sunsuria Symphony Sdn Bhd (SSSB) will be acquiring MLSB’s shares through internally-generated funds from Ong Thuan Bok and Kho Weng Kooi — 640,000 shares (64%) from Ong and 160,000 shares (16%) from Kho.
