News about er

KUALA LUMPUR (May 25): Iskandar Waterfront City Bhd (IWC) said it is positive on prospects ahead for the group amid a challenging economic backdrop.

KUALA LUMPUR (May 25): Matrix Concepts Holdings Bhd (MCHB) has signed an agreement for the issuance of Islamic commercial papers (ICP programme) and Islamic medium term notes (IMTN programme) with a combined limit of up to RM250 million.

PETALING JAYA (May 25): Cooling measures taken by the Penang government in 2013 have brought down property prices in the state, State Housing, Town and Country Planning Committee chairman Jagdeep Singh said yesterday.

PETALING JAYA (May 25): The total value of global real estate assets under management (AUM) surged by 20% year-on-year from US$2.

Pesona Metro Holdings Bhd (May 24, 67 sen) Maintain buy with an unchanged target price of 81 sen: Pesona Metro Holdings Bhd reported its first quarter of financial year 2017 (1QFY17) results with revenue of RM160.

KUALA LUMPUR (May 25): Malaysia Building Society Bhd’s (MBSB) net profit in the first quarter ended March 31, 2017 (1QFY17) nearly tripled to RM101.

The take-up rate of new homes, as measured by the sales-to-launch ratio, has dropped from 117% in March to 96% last month, notes Nicholas Mak, executive director of research and consultancy at SLP International.

KUALA LUMPUR (May 24): Sentoria Group Bhd's wholly-owned subsidiary Sentoria Bina Sdn Bhd will take on a construction project involving 506 units of single-storey semi-detached houses in Pahang worth RM60.

KUALA LUMPUR (May 24): Property developer Sunsuria Bhd's net profit for the second financial quarter ended March 31, 2017 (2QFY17) surged more than fivefold to RM18 million or 2.

KUALA LUMPUR (May 24): Bina Puri Holdings Bhd has received the pre-approval for the listing of its subsidiary PT Megapower Makmur Tbk on the Indonesia Stock Exchange from Otoritas Jasa Keuangan (OJK), which is the financial supervisory authority of Indonesia.