Eversendai 1Q net profit jumps 74% on higher forex gain
KUALA LUMPUR (May 31): Eversendai Corp Bhd’s net profit jumped 74.
Commercial banks to reduce GST rate to 0% tomorrow — ABM
KUALA LUMPUR (May 31): Commercial banks in Malaysia will reduce the goods and services tax (GST) rate to 0% tomorrow (June 1), from 6% at present.
Yearning for green spaces and lasting homes
There seems to be a growing environmental awareness among Malaysians, if the Lafarge-EdgeProp MYHOME survey findings are of any indication.
Boustead swings to RM 6.1m profit in 1Q, declares 2.5 sen dividend
KUALA LUMPUR (May 31): Boustead Holdings Bhd returned to the black in the first quarter ended March 31, 2018 (1QFY18) after posting a net profit of RM6.
DBKL cancels PPR, public housing repainting contracts
KUALA LUMPUR (May 31): The contracts of 10 firms appointed to repaint Public Housing and People's Housing Project (PPR) buildings in Kuala Lumpur costing RM180 million have been cancelled, reported Bernama yesterday.
TA Global 1Q net profit almost triples on property disposal, compulsory acquisition
KUALA LUMPUR (May 31): TA Global Bhd's first quarter net profit almost tripled to RM230.
Ahmad Zaki Resources 1Q net profit up 49%
KUALA LUMPUR (May 31): Ahmad Zaki Resources Bhd's (AZRB) net profit rose 49.
IJM shares fall to 9-year low as MRT3 scrapped, slump in 4Q earnings
KUALA LUMPUR (May 31): Shares in IJM Corp Bhd fell as much as 10.
UOB Kay Hian: Market taken aback by surprise MRT3 cancellation
KUALA LUMPUR (May 31): The cancellation of the third mass rapid transit line (MRT3) has caught investors by surprise and subsequently precipitated another broad market meltdown, which had fallen by the biggest single-day drop since 2008, according to UOB Kay Hian Securities (M) Sdn Bhd.
With MRT3 termination, up to RM100 bil rail jobs to vanish, says CIMB Research
KUALA LUMPUR (May 31): The RM40 billion third mass rapid transit project (MRT3) is “dead in its track” and the downturn in rail contracts has been set in motion, with up to RM100.
