Collective sale fever continues in Singapore

Aug 25

SINGAPORE (Aug 25): Aug 22 saw the launch of collective sale tenders for two former HUDC estates - Florence Regency and Normanton Park - at a reserve price of S$600 million (RM1.

Sime Darby 4Q net profit slumps 53.4% to RM571 mil on impairments

Aug 25

KUALA LUMPUR (Aug 25): Sime Darby Bhd reported a 53.

Fajarbaru clocks in net profit in 4Q

Aug 25

KUALA LUMPUR (Aug 25): Thanks to higher revenue and contributions from the property development as well as the logging and timber trading segments, Fajarbaru Builder Group Bhd posted a net profit of RM10.

Sunsuria’s 3Q net profit up 373% year-on-year

Aug 25

KUALA LUMPUR (Aug 25): Main Market-listed Sunsuria Bhd’s net profit for the third financial quarter ended June 30, 2017 (3QFY17) jumped 373% to RM31.

IWCity posts small profit in 2Q

Aug 25

KUALA LUMPUR (Aug 25): After posting six consecutive quarters of losses, Iskandar Waterfront City Bhd (IWCity) returned to the black in its second quarter ended June 30, 2017 (2QFY17) thanks to its property development segment, despite a more than 40% drop in revenue.