Collective sales sputtering back to life
AFTER a two-year drought with zero sales in 2014 and the lone en bloc deal of Thong Sia Building last year, the recent three deals topping S$1 billion foreshadow an awakening of the collective sale market.
Glomac 2Q net profit up 4.1% on progress billings of ongoing projects, land disposal
KUALA LUMPUR (Nov 30): Glomac Bhd's net profit rose 4.
Shaw takes over as Mulpha International’s CEO
KUALA LUMPUR (Nov 30): Mulpha International Bhd has appointed Gregory David Shaw as its chief executive officer (CEO) with effect from Dec 2.
UEM Sunrise 3Q net profit down 23% on higher tax
KUALA LUMPUR (Nov 30): UEM Sunrise Bhd reported a 23% decline in its net profit to RM36.
Boustead's 3Q net profit up 7-fold, pays 5 sen dividend
KUALA LUMPUR (Nov 30): Boustead Holdings Bhd's net profit gained sevenfold in its third quarter of the financial year 2016 (FY16) due to a gain on disposal of Jendela Hikmat Sdn Bhd and sale of lands.
OSK Holdings sees 85.6% plunge in 3Q net profit
KUALA LUMPUR (Nov 30): OSK Holdings Bhd's net profit for the third financial quarter ended Sept 30, 2016 (3QFY16), plunged 85.
Yong Tai's private placement oversubscribed by 1.96 times
KUALA LUMPUR (Nov 30): Yong Tai Bhd's private placement of 70 million new shares has been successfully completed with an oversubscription rate of 1.
Under-construction pedestrian bridge near Mid Valley mall collapses, at least one dead, nine injured
KUALA LUMPUR (Nov 30): At least one person is dead and nine injured when a pedestrian bridge under construction collapsed near Jalan Kampung Haji Abdullah Hukum, according to reports from the daily New Straits Times.
First phase of Eco Ardence 85% sold since September launch
SHAH ALAM (Nov 30): Eco World Development Group Bhd's (EcoWorld) Eco Ardence in Shah Alam has already chalked up a take-up rate of 85% for its first phase since its launch in September this year, said its president and CEO Datuk Chang Khim Wah.
Singapore hopes to sign HSR agreement during next retreat, says PM Lee
SINGAPORE (Nov 30): Singapore Prime Minister Lee Hsien Loong hopes to sign the bilateral agreement on the development of the Kuala Lumpur-Singapore high-speed rail (HSR) during the next leaders' retreat.
