MRCB shares fall as below-view 1Q prompts caution
On Thursday, MRCB reported that its net profit for 1QFY2024 plunged 65% year-on-year to RM3 million, due to lower sales and billings, following the completion of two major projects.
Housing ministry to focus on abandoned housing projects, ready for stakeholder collaboration
According to Deputy Minister of Housing and Local Government Datuk Aiman Athirah Sabu, there are 175 unlicensed abandoned private housing projects remaining in Peninsular Malaysia.
IOI Properties' 3Q net profit up 91%, boosted by RM211m Johor land sale
Looking to the final quarter of the financial year, IOI Properties said the group is optimistic of a satisfactory performance, adding that its property development segment in the Klang Valley is poised to improve with a strong pipeline of launches while its Johor projects are well-capitalised on various proposed initiatives taking shape in the state.
Real estate becoming new global currency — Juwai IQI
Juwai IQI chief economist Shan Saeed added that Malaysia is still likely to remain a safe haven for investors because of its macroeconomic stability, strategic geography, productive labour force and investor confidence in government policy frameworks.
S P Setia partners Ant Digital Technologies and JaGaSolution to launch smart community app
S P Setia president and CEO Datuk Choong Kai Wai: “I’m confident our partnership with Ant Digital Technologies and JaGaSolution will open more doors for stakeholders to collaborate in the future and introduce the latest innovations.
OSK’s 1Q earnings rise 10% to RM122.93m
OSK said the property, financial services, industries and investment holding segments were the top contributors to tax profits, with the industries and financial services segments recording growth of 59% and 42% respectively, compared to the same period last year.
Google to invest US$2b for data centre and cloud region in Malaysia
The site will be located at Sime Darby Property Bhd's Elmina Business Park, in Greater Kuala Lumpur.
Lagenda Properties hits limit down, short-selling suspended
The exchange has also asked the company to explain the unusual market activity following the sharp decline in its share price.
Lagenda assures it's business as usual after senior personnel remanded in MACC probe
Local media reported on Tuesday that a managing director of a real estate company was remanded by the anti-graft body for four days to assist in an investigation concerning the subdivision of Malay reserve land in Manjung, Perak.
EdgeProp, IQI in new partnership to enhance data-driven innovation in local real estate sector
This fresh collaboration aims to enhance the capabilities of IQI agents through advanced data and mapping capabilities, hence EdgeProp is bringing along its EPIQ capabilities this time around.
