Slump in construction drags Vivocom's 1Q profit down 74%
KUALA LUMPUR (May 31): Vivocom International Holdings Bhd's net profit fell 74% to RM5.
Asia Pacific investors look to home amid policy uncertainties in US, Europe
PETALING JAYA (May 31): The Asia-Pacific region is expected to benefit from the policy uncertainties in the US and Europe in recent times.
LBS Bina still positive on China joint venture
KUALA LUMPUR (May 31): LBS Bina Group Bhd has said it is still positive on its joint venture with China's local investment arm Zhuhai Jiuzhou Group Holdings Ltd, as the company expects to obtain planning and layout approvals for the project within the next few months.
Fajarbaru 3Q earnings surges eight times on property development revenue
KUALA LUMPUR (May 31): Fajarbaru Builder Group’s net profit in the third quarter ended March 31, 2017 (3QFY17) grew close to eight times to RM22.
Mudajaya continues losing streak in 1Q
KUALA LUMPUR (May 31): Mudajaya Group Bhd started its financial year 2017 with a net loss of RM26.
LBS Bina’s 1Q net profit soars 47%
KUALA LUMPUR (May 31): LBS Bina Group Bhd’s net profit soared 47% to RM24.
Large units in Singapore prime districts fetch bigger profits on resale
THE top three most profitable deals in the week of May 9 to 16 were in prime Districts 9 and 10, and they were for big, four-bedroom units in older developments.
AZRB 1Q net profit up 45.7% on improved margin, higher property revenue
KUALA LUMPUR (May 30): Ahmad Zaki Resources Bhd's (AZRB) first-quarter net profit rose 45.
Ekovest 3Q net profit largely flat on one-off expense
KUALA LUMPUR (May 30): Ekovest Bhd's third-quarter net profit was largely flat at RM11.
This property group is poised for a pickup
SINGAPORE (May 30): DBS Vickers expects Frasers Centrepoint Ltd (FCL) and its REITs to deliver consistent returns in the coming years, leveraging on the improved outlook of their key markets of Australia and Singapore.
