Lagenda Properties' 2Q net profit rises 46% on higher property development, construction performance
Construction revenue rose 31.
Construction revenue rose 31.
EcoFirst expects to commence development on the Kajang land in the first quarter of 2025, with the development period spanning three to four years.
No dividend was declared for the quarter by either KLK or Batu Kawan.
Setia Homefest will showcase developments in Setia Eco Glades, Setia AlamImpian, Setia Eco Park, Taman Rinting in Johor and Aeropod in Kota Kinabalu, among others.
The project was secured through a 50:50 joint venture between IJM Corp’s construction unit, IJM Construction Sdn Bhd, and Woh Hup Malaysia Sdn Bhd.
"We are unsure whether the learned DPP will request for a reinstatement of the case, or file a revision to the High Court to revise the Session Court judge’s decision.
The value of the subcontract is more than four times Sunmow's current market capitalisation of RM232.
He added that RE accounted for about 60% of green investment up to 2019, while EVs contributed 58% from 2020 to 2023.
The appeal was scheduled to be heard before a three-member Court of Appeal bench led by Datuk P Ravinthran, but following the discontinuance of the appeal, it was struck out.
This contract is deemed as a recurrent related party transaction, as Datuk Tee Eng Ho, the non-independent non-executive chairman and major shareholder of Kerjaya Prospek, also serves as the executive chairman and major shareholder of Eastern & Oriental Bhd.