Eversendai slips into the red with RM193 mil 4Q loss
KUALA LUMPUR (Feb 28): Provision for doubtful debts and higher costs caused Eversendai Corp Bhd to slip into the red with a net loss of RM193.
Boustead 4Q earnings surge on lower operating costs, declares 3.5 sen dividend
KUALA LUMPUR (Feb 28): Boustead Holdings Bhd said its net profit for the fourth quarter ended Dec 31, 2016 (4QFY2016) swelled by 28 times to RM120.
Help for first-timers buying resale HDBs, but no easing of cooling measures
ON Feb 20, Finance Minister Heng Swee Keat announced in his Budget statement that, with immediate effect, the Central Provident Fund’s (CPF) Housing Grant had been raised to $50,000 for first-timer couples buying four-room or smaller HDB flats from the resale market.
Mah Sing's 4Q net profit falls 24% to RM85.61 mil
KUALA LUMPUR (Feb 28): Mah Sing Group Bhd’s net profit for the fourth quarter ended Dec 31, 2016 (4QFY2016) dropped 24% to RM85.
.jpg)
Mah Sing introduces new logo, tagline and vision
PETALING JAYA (Feb 27): Mah Sing Group Bhd (Mah Sing) unveiled its new corporate logo and tagline during the company’s annual dinner at the Majestic Hotel, Kuala Lumpur, recently.
‘Gabungan AQRS front runner for Pahang police HQ contract’
PETALING JAYA (Feb 27): Gabungan AQRS Bhd, which recently posted a turnaround in the financial year ended Dec 31, 2016 (FY2016), is believed to stand a good chance of securing the contract to build the police headquarters in Kota Sultan Ahmad Shah (KotaSAS), according to sources.
Ekovest 2Q net profit jumps 6.6 times, driven by construction segment
KUALA LUMPUR (Feb 24): Ekovest Bhd, co-founded and controlled by tycoon Tan Sri Lim Kang Hoo, saw its net profit jump 6.
Strategic partnerships drive Titijaya’s growth, targets RM300 mil sales for FY2017
KUALA LUMPUR (Feb 24): Titijaya Land Bhd announced a 16% increase in profit after tax (PAT) of RM20.
IGB Corp up 15% on takeover offer
KUALA LUMPUR (Feb 24): IGB Corp Bhd shares rose as much as 38 sen or 15% after controlling shareholder Goldis Bhd made a takeover offer for the remaining IGB shares at RM3 each.
Northern region will see 5% growth in transactions this year, says Raine & Horne
KUALA LUMPUR (Feb 24): Kedah, Perlis and Penang will see a 5% growth in transactions for residential properties despite the overall property market slowdown, according to Raine & Horne International Zaki + Partners Sdn Bhd.
