SunCon posts marginal fall in 4Q net profit, declares 4 sen dividend
KUALA LUMPUR (Feb 27): Sunway Construction Group Bhd's (Suncon) net profit fell by a marginal 0.
Consortium Zenith 'well-capitalised' to undertake Penang's tunnel project's RM305m preliminary works
KUALA LUMPUR (Feb 27): Consortium Zenith Construction Sdn Bhd (CZC), the special purpose vehicle tasked to execute the RM6.
WCT 4Q net profit soars near 17 times, pays three sen dividend
KUALA LUMPUR (Feb 27): WCT Holdings Bhd’s net profit soared nearly 17 times to RM59.
Higher tax rates drag Tiong Nam’s 3Q net profit
KUALA LUMPUR (Feb 26): Tiong Nam Logistics Holdings Bhd’s net profit dropped 43% to RM9.
IDEAS: Government intervention distorts affordable housing supply
KUALA LUMPUR (Feb 26): Government intervention on supply of affordable housing has resulted in unwanted consequence — unfair competition that deters active participation of the private developers in this segment, according to Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.
Parkson still in the red with RM13.8m 2Q net loss
KUALA LUMPUR (Feb 26): Parkson Holdings Bhd remained in the red for its fourth consecutive quarter, reporting a net loss of RM13.
Unicef: Higher child poverty, malnutrition rates in KL’s low-cost flats
KUALA LUMPUR (Feb 26): A study by the UN Children’s Fund (Unicef) shows higher poverty and malnutrition rates among children living in the low-cost flats of Kuala Lumpur compared with the national average, Bernama reported today.
DBKL: Parking bays only reserved during business hours
PETALING JAYA (Feb 26): Those renting reserved parking bays in front of their building premises are reminded that these bays are only reserved during working hours — and the local council will take action against those who fail to comply with the stipulated time, warned Kuala Lumpur City Hall (DBKL).
Further developments likely on Taman Rimba Kiara, claims group
KUALA LUMPUR (Feb 26): Save Taman Rimba Kiara has discovered that further developments on the park in Taman Tun Dr Ismail have been proposed, according to Dewan Bandaraya Kuala Lumpur’s (DBKL) planning database.