IGB’s 2Q net profit more than doubles on higher revenue, increased forex gains
Revenue from the property development division saw a more than three-fold increase to RM39.
Revenue from the property development division saw a more than three-fold increase to RM39.
The supermarket at Eco Galleria in Taman Eko Botani, Iskandar Puteri covers an area of 35,000 sq ft.
Post-Merdeka, Malaysia's architectural landscape underwent a transformative journey that marked the nation's aspirations and echoed its newfound democratic spirit.
The property segment’s revenue was driven by higher property progress billings coupled with the disposal of several parcels of land.
For the cumulative six months ended June 30, 2023, net profit jumped to RM246.
Mismatched expectations between show units and actual units have become fertile grounds for contention between developers and purchasers.
For FY2023, IOI Properties said its property development segment achieved sales with contracts exchanged of RM1.
Last Friday, Prime Minister Datuk Seri Anwar Ibrahim reportedly said the government's bid to create a special financial zone in Forest City is meant to boost investment, growth and economic activities in Johor.
RHB Research said the designation of Forest City, which is close to the Second Link, as a special financial zone should revitalise the township, which had received a lot of negative attention over the last few years.
The MOU enables Cagamas to share its wealth of experience in housing finance and capital market instruments to be mutually exchanged between Malaysia and Uzbekistan.