LBS posts flat 1Q net profit as revenue drops to lowest in nearly three years
LBS Bina said the property development segment remained its largest revenue contributor, at 96% or RM327 million of the group’s total revenue.
Avaland Bhd sees 60% take-up rate for Amika Residences within two months of launch
Avaland Bhd chief executive officer Apollo Bello Tanco: “This remarkable accomplishment has been further recognised when we managed to secure GreenRE Gold certification for Amika Residences, which is a testament of our continued dedication to develop sustainable projects.
Sunway's 1Q net profit up 22% amid stronger earnings from property, healthcare segments
The diversified group saw its net profit for the quarter ended March 31, 2024 (1QFY2024) rise to RM172.
Lagenda Properties buys land in Kedah for affordable housing development
Lagenda said it entered into a deal on Tuesday to buy the three plots of land from plantation company Hock Lean Rubber Estate Sdn Bhd to expand its land holdings and solidify the group’s position as a developer of affordable townships in Kedah.
Urban Land Institute: Property prices and rentals in popular Apac cities on uptrend
The report also highlighted that due to significant immigration inflows into major cities in the region, home prices and rent have risen materially.
Annum’s largest shareholder Chin Kok Foong exits group after selling 15% stake to Ageson's Larry Liew
Following the acquisition — made through his private investment vehicle Ukay One Sdn Bhd — Liew has a direct holding of 2.
KTI Landmark to raise RM48m from ACE Market IPO
“The allocation of proceeds for our working capital requirements will reduce our dependency on external financing, and allow us to undertake more projects concurrently.
Pintaras Jaya rises to 14-month high after announcing 3Q results
On its part, Pintaras said its outstanding construction orderbook worth about RM316 million will help the company “navigate through the next few challenging months” while noting “an upturn in construction activities”.
Binastra MD offloads 6% stake for RM36m
Meanwhile, a separate filing showed that Binastra’s executive director Lee Seng Yong acquired the 30 million share block, raising his stake in the company to 14.
