Sunway 1Q net profit shrinks, lower contributions from property segments
PETALING JAYA (May 25): Sunway Bhd’s net profit for the first quarter ended March 31, 2021 dropped 6% to RM58.
S P Setia secured sales of RM1.19b in 1QFY2021, mainly driven by local projects
PETALING JAYA (May 25): S P Setia Bhd recorded a strong sales performance of RM1.
The passing of Datuk Teo Chiang Quan: We have lost a great leader - Rehda
PETALING JAYA (May 24): The Real Estate and Housing Developers' Association (Rehda) Malaysia has lost a mentor and a pillar of support following the passing of Datuk Teo Chiang Quan, Paramount Corp Bhd chairman and executive director, said Rehda president Datuk Soam Heng Choon (pictured).
Genting HK to dispose of 'valuable but non-core investments' as part of Covid-19 mitigation plan
KUALA LUMPUR (May 24): Cruise ship operator Genting Hong Kong Ltd (GENT HK) said it will be disposing of valuable but non-core business investments as part of several initiatives to mitigate the ongoing Covid-19 induced impact.
Malaysia hotel industry suffers RM6.53b losses last year - MAH
PETALING JAYA (May 24): Malaysia hotel industry has suffered losses of over RM6.
Grocery shopping app Jocom grows with the new normal
PETALING JAYA (May 22): The Jocom (Just Order Conveniently on Mobile) end-to-end grocery shopping app has come a long way.
1MDB suit against Jho Low and three others transferred to another judge
KUALA LUMPUR (May 21): The judge assigned to hear the US$1.
S P Setia to launch new semidee project in Setia Tropika by year-end
PETALING JAYA (May 21): S P Setia will be unveiling new phases of Alocasia semidee project in Setia Tropika township development in Johor Bahru with an estimated gross development value of RM58 million by end of this year.
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LBS Bina’s 1Q net profit more than doubles
PETALING JAYA (May 20): Property developer LBS Bina Group Bhd recorded a revenue of RM402.
Najib's lawyer: Jho Low is like an octopus with plenty of tentacles
KUALA LUMPUR (May 20): Former prime minister Datuk Seri Najib Razak's lawyer likened fugitive financier Low Taek Jho (Jho Low) (pictured) to "an octopus with plenty of tentacles" at the High Court today in seeking to highlight Low's elaborate plan to siphon off billions of dollars from 1Malaysia Development Bhd (1MDB).
