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KUALA LUMPUR (Aug 20): Tropicana Corp Bhd’s second quarter net profit jumped 371% from the immediate preceding quarter, thanks to the disposal of two parcels of freehold land in Johor Bahru for RM248.

Sold for: RM4 million (RM417 psf against land size) Concluded by: Neville Peter Massang (REN 24547) (012-201 9216) of I-Prop Realty (USJ) Sdn Bhd When: May 2020 Noteworthy: ● Freehold ● Land size: 9,583 sq ft; Built-up size: 4,094 sq ft ● 6 bedrooms; 5 bathrooms ● Partly furnished with ceiling fans, lightings, curtains, kitchen cabinets and wardrobes.

KUALA LUMPUR (Aug 19): New Covid-19 cases in Malaysia rose to 16 — from seven reported yesterday — with the majority of them coming from the Sala and Tawar clusters that originated in Kedah.

KUALA LUMPUR (Aug 19): CIMB Bank Bhd has collaborated with Berjaya Sompo Insurance Bhd to introduce an online all-risk protection insurance plan called Secure Home.

KUALA LUMPUR (Aug 19): Construction group and concessionaire Gagasan Nadi Cergas Bhd saw its net profit fall 76.

PETALING JAYA (Aug 19): Royal Institution of Chartered Surveyors (RICS) and Malaysian Institute of Property and Facility Managers (MIPFM) today signed a Memorandum of Understanding (MoU) to form a partnership in supporting the continuing education of the built environment in the country.

KUALA LUMPUR (Aug 19): KL33 Properties today unveiled the industry’s first ‘Covid Secure’ office space at Menara KL33, an integrated commercial building located in Kuala Lumpur Golden Triangle.

KUALA LUMPUR (Aug 19): Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query today to Turiya Bhd on the company’s sharp rise in share price and trading volume recently.

KUALA LUMPUR (Aug 19): Malaysian manufacturers remain pessimistic about their business recovery, with over two-thirds of them needing between four months to two years to restore their business to pre-Covid-19 levels, due to the sluggish economic growth projected globally amid the Covid-19 outbreak.

Sold for: RM1.