FY18 to see flat profit growth despite stronger 9M — Titijaya

KUALA LUMPUR (July 2): Developer Titijaya Land Bhd may have achieved a marginally stronger performance in its first nine months of the 2018 financial year (FY18), but the group is not expecting its earnings to improve by much for the full year, due to the prevailing weak buying sentiment, according to deputy group managing director Lim Poh Yit.

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Bina Puri hopes to sustain momentum despite property slump

KUALA LUMPUR (July 2): Construction company Bina Puri Holdings Bhd is hoping to sustain last year’s financial performance at the very least, given that the property market remains tepid, while drastic cost cuts by the new Pakatan Harapan government have derailed several key projects.

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Selangor Exco portfolios reshuffled

PETALING JAYA (June 30): The Selangor government has reshuffled four portfolios in its State Executive Council (Exco), including the one held by its Menteri Besar (MB) Amirudin Shari, reported Bernama.

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GLC CEO remanded by MACC freed on bail

PETALING JAYA (Jue 30): The CEO of a government-linked company (GLC) who was remanded on Thursday (June 28) by the Malaysian Anti-Corruption Commission (MACC) over allegations of abuse of power involving construction projects valued at RM300 million was freed by the Magistrate’s Court at Putrajaya today, reported Bernama.

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