Fiamma Holdings net profit falls 65% on a quarterly basis due to losses from property segment
For the cumulative nine months ended Sept 30, 2024 (9MFY2024) the group posted revenue of RM286.
For the cumulative nine months ended Sept 30, 2024 (9MFY2024) the group posted revenue of RM286.
Revenue for 3Q2024 increased by 80% quarter-on-quarter (“QoQ”) to RM369.
Following the acquisition of a prime parcel of land on Old Klang Road, Radium Global Sdn Bhd, a subsidiary of the group, has launched Radium Arena @ Old Klang Road, a high-rise residential development.
M Aspira is a two-tower serviced apartment project that will occupy a 3.
“We like quality assets, especially spaces that we are very familiar with,” said group managing director Datuk Seri Azmir Merican.
The increase in revenue was mainly contributed by advanced construction work progress from its ongoing projects coupled with commendable take-up of recently launched projects.
The deal will see the establishment of Tianma’s first-ever manufacturing facility outside of China, JCorp said KUALA LUMPUR (Nov 20): Johor Corporation (JCorp) is investing in a bearing manufacturing facility together with Tianma Precision Sdn Bhd, a subsidiary of Zhejiang Tianma Bearing Group Co Ltd, in Tanjung Langsat Industrial Complex in Johor in a deal worth RM440 million.
The 42-year-old was appointed CEO in August, filling the post that had then been vacant for over a year after the company terminated his predecessor Hazimi Baharum’s contract in June last year.
The properties have addresses in Sungai Besi, Taman Desa, Cyberjaya, Kota Kemuning, Seri Kembangan, Ampang and Taman Seputeh.