Land & General’s 1Q profit drops 92% to RM1.8m
KUALA LUMPUR (Aug 28): Land & General Bhd’s first quarter net profit dropped 92% to RM1.
WCT Holdings 2Q net profit doubles on higher construction billings
KUALA LUMPUR (Aug 28): WCT Holdings Bhd's net profit doubled to RM43.
Major shareholders propose privatisation of Daiman Development
KUALA LUMPUR (Aug 28): The major shareholders of Daiman Development Bhd have proposed to undertake a selective capital reduction (SCR) and repayment exercise to take the company private at RM3 a share or RM295.
IOI Properties 4Q profit down 21.3% to RM264.99m
KUALA LUMPUR (Aug 28): IOI Properties Group Bhd’s fourth-quarter (4Q) net profit dropped 21.
Matrix Concepts founder Lee now executive deputy chairman
KUALA LUMPUR (Aug 28): Matrix Concepts Holdings Bhd’s founder and major shareholder Datuk Lee Tian Hock (pictured) has been redesignated as the group’s executive deputy chairman effective Sept 1.
CEP report ‘never meant for publication’
KUALA LUMPUR (Aug 28): The 100-day report by the Council of Eminent Persons (CEP) was never meant to be published for the public, said economist Dr Jomo Kwame Sundaram.
Country Garden stresses that all foreign purchases comply with Malaysian laws and regulations
PETALING JAYA (Aug 27): Country Garden Pacificview Sdn Bhd, the master developer of Forest City in Iskandar Malaysia, Johor, reiterated that all its property transactions comply with all Malaysian laws and regulations and have the necessary approvals to be sold to foreign purchasers.
Matrix Concepts 1Q net profit up 10%, declares 3.25 sen dividend
KUALA LUMPUR (Aug 27): Matrix Concepts Holdings Bhd's net profit grew 10.
Ewein 2Q net profit soars 273% on higher property sales
KUALA LUMPUR (Aug 27): Ewein Bhd's second quarter net profit increased 273% to RM11.
Malaysia bans foreigners from Forest City mega project
KUALA LUMPUR (Aug 27): Prime Minister Tun Dr Mahathir Mohamad has announced that foreigners will not be allowed to buy property at the Forest City (pictured) mega project in Johor or be granted visas to live there.
