LBS’ 2Q net profit up 5% on property projects
LBS said it has secured total property sales of RM794 million on the back of RM293 million in bookings as of August 21.
LBS said it has secured total property sales of RM794 million on the back of RM293 million in bookings as of August 21.
"We favour developers with strong sales history, reputable brands, substantial land holdings in desirable locations, and minimal holding costs," it said in a note on Thursday.
Flagship projects totalling over RM2 billion launched in 2023 are still in the early stages of development, which will significantly bolster the company’s unbilled sales and provide strong revenue visibility moving forward.
The region consists of three availability zones, which are data centre clusters that have independent power, cooling and physical security that are connected through ultra-low latency networks.
In May, Eupe announced the acquisition of a 2.
Judicial Commissioner Eddie Yeo had allowed the third party discovery by Felda and FIC to use a report by Ernst and Young entitled 'Fact-based Investigation on the Development of Kuala Lumpur Vertical City (KLVC), Final Report', together with its annexures and another report from the Prime Minister’s Department known as the 'Salihan Report', as evidence in the common bundle of documents for the trial.
As for its property investment and development segment, YTL Corp is optimistic of achieving an overall satisfactory performance for FY2025.
Glomac said the programme also offers the flexibility for future issuances of sustainability or sustainability-linked sukuk in compliance with relevant guidelines.
The new industrial park is also an extension of TH Properties’ international halal hub, namely techpark @ enstek, which comprises Techpark 1 and 2 in Bandar Enstek, Negeri Sembilan.
Housing and Local Government Minister Nga Kor Ming “Currently, without escrow accounts, a developer can transfer funds from Project A to Project B, leading to Project A becoming abandoned.