WCT 1Q net profit up 17% on higher construction billings
KUALA LUMPUR (May 24): WCT Holdings Bhd's (WCT) net profit rose 16.
No more landbanking activities seen for Hua Yang
Hua Yang Bhd (May 23, 45 sen) Maintain market perform with a lower target price (TP) of 47 sen: Hua Yang Bhd’s core net profit (CNP) for its financial year 2018 (FY18) ended March 31, 2018 of RM4.
Ayer Holdings CEO Eugene Khoo resigns
KUALA LUMPUR (May 23): Eugene Khoo Kong Hooi (pictured) has resigned as the chief executive officer (CEO) of property development firm Ayer Holdings Bhd.
Matrix Concepts gears up for more launches in FY19
PETALING JAYA (May 23): Matrix Concepts Holdings Bhd has lined up new launches worth RM1.
Arcadis: KL is Asia’s fourth least expensive city for construction work
PETALING JAYA (May 23): Kuala Lumpur is the fourth least expensive city in Asia to build in, according to the “International Construction Costs 2018” report published by Global Design & Consultancy firm for natural and built assets Arcadis.
Setia Ecohill 2 to unveil starter homes from RM513,000 this weekend
PETALING JAYA (May 22): S P Setia Bhd will be soft-launching the Barras starter homes in its Setia EcoHill 2 township in Semenyih, Selangor this weekend.
Hatten Land partners FundPlaces to launch SEA's first proptech blockchain for hotels, retail malls
KUALA LUMPUR (May 22): Hatten Land has inked a strategic partnership with Singapore proptech startup FundPlaces to launch Southeast Asia’s first hospitality blockchain platform, reported The Edge Singapore today.
KPKT mulls syncing govt affordable housing schemes into one programme
PUTRAJAYA (May 22): The Housing and Local Government (KPKT) ministry is mulling a proposal to synchronise existing public affordable housing schemes — including PR1MA — under one programme to avoid overlaps, said its newly sworn-in minister Zuraida Kamaruddin.
Ipmuda disposes of two properties in Johor for RM11.3m
KUALA LUMPUR (May 22): Building materials trader Ipmuda Bhd is selling off two freehold properties in Johor to Kenyin Hardware Sdn Bhd for a total of RM11.
Sunway's Velocity Mall helps lift 1Q net profit by 14.1%
KUALA LUMPUR (May 22): Sunway Bhd’s net profit for the first financial quarter ended March 31, 2018 (1QFY18) grew 14.
