Glomac surges to three-year high as investors bet on better days ahead after below-view 3Q
Glomac’s net profit jumped by over 800% to RM3.
S P Setia to continue cutting debt, preparing for potential REIT
Strategic priorities include divesting non-core assets, refinancing borrowings and generating more cash flow to service debt, S P Setia said in its annual report released on Wednesday.
Holiday Inn Express Hotel KL up for sale — Colliers
The proposed sale of the 384-room hotel includes office and retail space within the 21-floor main building and four-floor annex building with parts leased to specialty restaurant operators, Colliers said in a statement.
Ewein buying land in Butterworth to develop workers’ dormitory
The property developer and precision sheet metal fabrication manufacturer said the move is in line with the group's intention to diversify into the provision of workers’ dormitory accommodation and manpower management related services.
Glomac’s 3Q net profit surges on higher property development revenue
The group will remain focused on the affordable and mid-market residential segments, where it has successfully built a strong brand with quality, innovative and digital lifestyle concepts products.
Scientex 2Q net profit climbs 33% as billings rise, new launches help
Looking ahead, Scientex remains optimistic about the resilient demand for affordable homes in FY2024, as the group aims to achieve the completion of 50,000 affordable homes by 2028 across seven states.
Analysts keep 'overweight' on construction sector, favours key players in Pan Borneo project, flood mitigation
“The four packages have been awarded on March 22, with physical works poised to start on April 1.
Binastra posts record profit as construction segment continues to drive earnings
Binastra said that as of end-January 2024, the group had 15 ongoing construction projects with an outstanding orde book of about RM1.
TCS bags RM140.2m buildings works projects in Selangor
"The group is positive about the outlook of the construction industry, backed by strategic infrastructure, utilities projects, and the acceleration of projects under the 12th Malaysia Plan, 2021-2025.
WORQ launches eighth co-working outlet at Sunway Putra Mall with 100% occupancy
The outlet’s tenants include companies from industries such as technology, financial technology (fintech) and travel agencies, as well as digital nomads via Malaysia Digital Economy Corporation (MDEC)’s DE Rantau programme.
