OSK Holdings expects property development unit to be relatively quiet in 2018

Mar 01

KUALA LUMPUR (March 1): The property development segment, which dragged OSK Holdings Bhd’s fourth quarter net profit ended Dec 31, 2017 (4QFY17) by 20% to RM63.

GuocoLand unveils Emerald Hills, targets 50% take-up rate for first phase by year-end

Mar 01

KUALA LUMPUR (March 1): After a hiatus, GuocoLand (M) Bhd is gearing up for more launches this year, starting with Emerald Hills @ Alam Damai, Cheras, and targeting a 50% take-up rate for its first phase by year-end.

LBS Bina 4Q net profit drops 13% on higher costs, lower interest income

Mar 01

KUALA LUMPUR (March 1): LBS Bina Group Bhd’s net profit for the fourth quarter dropped 13% year-on-year, mainly on lower interest income and higher finance costs, while other income fell as the previous corresponding quarter had registered a one-off government grant.

AWC up 3.17% on plan to diversify into rail-related works

Mar 01

KUALA LUMPUR (March 1): Shares in AWC rose as much as 3.

Vivocom falls after co reports 4Q net loss

Mar 01

KUALA LUMPUR (March 1): Vivocom International Holdings Bhd shares fell as much as one sen or 11% to eight sen after the construction company said fourth quarter net loss stood at RM2.

Sunway 4Q net profit falls 1.08% to RM183.8m

Mar 01

KUALA LUMPUR (March 1): Sunway Bhd’s fourth quarter net profit fell 1.

MACC freezes RM3.6m in businessman's bank accounts, seizes luxury vehicles

Mar 01

KUALA LUMPUR (March 1): The Malaysian Anti-Corruption Commission (MACC) yesterday took action to freeze four bank accounts belonging to a businessman with the ‘Datuk Seri’ title, who was held the night before, Bernama reported.