UOA Development more than doubles 3Q earnings as progress billings surge
For the first nine months, the company racked up net profit of RM281.
For the first nine months, the company racked up net profit of RM281.
Overall, the property development segment’s contribution was up 25.
The wholly owned unit, Kerjaya Prospek (M) Sdn Bhd, received and accepted the letter of award from Pixel Valley, which is fully owned by Kerjaya Prospek Property Bhd (KPPB), in which certain directors and shareholders hold direct and indirect interest.
Rising project costs were a recurring theme, with several noting that higher electricity tariffs, operational expenses, labour constraints, and utility charges could erode Malaysia’s competitiveness against regional markets such as Vietnam and Indonesia.
AEON STYLE Supermarket will occupy 20,408 sq ft at Setia EcoHill Walk.
LSH Capital reported a quarterly net profit of RM34.
Quarterly revenue, however, rose 10.
The Mulia Residence, Selangor terrace house sold for RM1.
The proposed Property Management Bill is a costly and unnecessary duplication of BOVAEP’s existing mandate.