Sime Darby Property sees challenging year for property industry, but optimistic about hitting sales target
Group managing director Datuk Azmir Merican: I think it is a difficult time especially today, as you see a lot of price increases.
YTL Corp posts flat 3Q net profit
Its property investment and development saw loss before tax narrowed due to the absence of a rental deferral programme which ended June 30, 2022, and the absence of unrealised foreign exchange loss on borrowings denominated in foreign currencies by YTL Hospitality REIT.
More questions raised by Bursa Securities on YNH Property’s RM170 mil land disposal to Sunway
On Thursday (May 25), YNH Property received a second query from Bursa Securities related to the land deal, and was required to provide its response within 24 hours.
MBSB earnings up 27.3% on lower expected credit losses and opex
Commenting on the results, MBSB group chief executive officer Datuk Nor Azam M Taib said, “The improvement is driven by strong fundamentals based on our business plan despite the challenging economic environment.
Berjaya Land returns to black in 3Q amid higher revenue
The group also saw higher property progress billings from its property development and investment business segment, coming from its project at The Tropika, Bukit Jalil.
S P Setia Foundation brings Hari Raya warmth to old folks
“We appreciate Pusat Jagaan Warga Emas Nur Ehsan for this collaboration and would like to thank them for letting us have a successful programme with them,” said Datuk Zuraidah Atan, S P Setia Foundation chairman and a director of S P Setia JOHOR BAHRU (May 25): S P Setia’s charity arm S P Setia Foundation continues to pay it forward with a visit to Pusat Jagaan Warga Emas Nur Ehsan women’s old folks’ home here yesterday.
Sime Darby Property’s industrial growth strategy bolstered via RM618 mil land acquisition
The Kapar land acquisition is in line with Sime Darby Property’s SHIFT25 strategy, which aims to transform the company from a pure play property developer into a real estate company by broadening and diversifying its income streams.
MCT returns to the black with 1Q net profit of RM136k
MCT chief executive officer Teh Heng Chong said the developer plans to launch two new projects soon.
Sime Darby Property’s 1Q net profit up 17% to RM60.67 mil
In a bourse filing on Thursday (May 25), the developer said revenue for the quarter rose 43% to RM685.
DONE DEAL: Bungalow, Bukit Tunku, Kuala Lumpur
DONE DEAL: Serviced residence, Taman Maluri, Cheras, Kuala Lumpur DONE DEAL: Serviced residence, Tropicana Gardens, Selangor Situated in a posh residential area of Kuala Lumpur, Bukit Tunku or famously known as Kenny Hills, has a myriad of conveniences.
