Mulpha International 2Q net profit rises amid improved performance in hospitality division and high dividend income
The improved earnings were partly boosted by a dividend income of RM24.
The improved earnings were partly boosted by a dividend income of RM24.
Chin Hin’s expansion into the property development and construction segment in 2021 has also brought in the revenue of RM12.
Sime Darby Property group managing director Datuk Azmir Merican said the company is facing construction worker shortage of at least 50% to fully accelerate property projects to meet the company's planned schedule.
UEM Sunrise’s chief executive officer Sufian Abdullah said the possibility of another overnight policy rate hike is unlikely to have a significant impact on sales or sentiment.
The fully integrated park is built for industrial and logistics operators, as well as small and medium enterprises (SMEs).
Profit after tax and minority interest increased 75.
Vizione said the proposed acquisition represents an opportunity for the group to expand its property development segment by gaining access to the development rights held by Midlands City on the development land, which consists of three parcels of freehold land in Semenyih, Selangor, with a total size measuring 79,360 sq m.
The land, located in Mukim Labu, Seremban, will feature a “balanced mix of residential, commercial, and retail elements to fulfil the growing demand from Klang Valley, attracted by the value proposition Seremban offers and increased flexibility for work-from-home arrangements.
Its property investment segment recorded a PBT of RM53.