Hua Yang 2Q net profit plunges 97% on lower sales
KUALA LUMPUR (Oct 27): Affordable housing developer Hua Yang Bhd saw its net profit plunge 97% to RM584,000 in its second quarter ended Sept 30, 2017 (2QFY18), from RM16.
KUALA LUMPUR (Oct 27): Affordable housing developer Hua Yang Bhd saw its net profit plunge 97% to RM584,000 in its second quarter ended Sept 30, 2017 (2QFY18), from RM16.
PETALING JAYA (Oct 27): The fifth property exhibition held by the Malaysian Institute of Estate Agents (MIEA) Penang has kicked off yesterday and will run until Oct 29 at Queensbay Mall, Penang, showcasing over 5,000 secondary properties.
PETALING JAYA (Oct 27): Residential property loans made up a larger proportion of household debt – which rose by 5.
PETALING JAYA (Oct 27): The Purpose-Built Office (PBO) Rental Index for Klang Valley, Johor Bahru, and George Town grew in the second quarter of 2017 (2Q17) from a year ago, according to the “Economic Report 2017/2018”.
PETALING JAYA (Oct 27): The residential overhang rose by 55.
KUALA LUMPUR (Oct 27): While Malaysia imposes a lower rate of withholding tax on dividends paid to retail investors of real estate investment trusts (REITs) compared with many other countries, the Malaysian REIT Managers Association (MRMA) is of the view that a total tax exemption should be given to attract more investments.
CapitaLand Malaysia Mall Trust (Oct 26, RM1.
KUALA LUMPUR (Oct 27): GuocoLand (M) Bhd’s net profit rose fourfold to RM1.
PETALING JAYA (Oct 26): The construction industry system and processes should be reviewed on the basis of responsibility and accountability of various parties, instead of the expediting of approvals, said the Malaysian Institute of Planners (MIP).
KUALA LUMPUR (Oct 26): TRIplc Bhd (pictured) net profit for the first quarter ended Aug 31, 2017 surged to RM6.