IOI Properties's 2Q net profit triples on higher share of results from JVs
Share of results of JVs shot up to RM225.
Property players have favourable view of revised Budget 2023
The budget themed “Menbangun Malaysia Madani” is aimed at helping the rakyat and boosting the economic prospects of the country.
Rehda applauds revamped budget, expresses concerns over materials price issue
“We reiterate that should the issue be left idle for too long it will have an adverse impact on house prices in the open market.
Govt confident of reducing MRT3 costs to below RM45b, says Anwar
“This effort [to reduce the price] is in line with the renewed drive to improve governance, to reduce the procurement cost to achieve savings that can be shared for the benefit of the rakyat.
High debt, weak administration add to Malaysia’s economic challenges, says Anwar
“The Madani Budget must have the ability to bring together all the strengths to be translated into new solutions.
Putrajaya pledges continued financial support in strategic transport projects in 2023
These financial commitments, together with other commitments of projects under public private partnership (PPP) and private financing initiatives (PFI), will form part of the government’s RM97 billion development expenditure (DE) in 2023.
Top Builders says it won't be able to submit 1Q results on time
Trading in the Practice Note 17 company's shares has been suspended since Nov 8 last year, pending the submission of the FY2022 annual report and 1QFY2023 financial report.
Berjaya Land returns to the black in 2Q with RM84 mil net profit
The higher six-month revenue was mainly due to higher contribution from the gaming segment, higher property progress billing reported by the property development and investment segments, as well as the hotels and resorts segment’s higher overall occupancy and average room rates.
YTL Corp’s 2QFY23 net profit rebounds sharply as hotels, utilities segments improve
YTL Hospitality Real Estate Investment Trust's (YTL REIT) net property income (NPI) rose to RM66 million in 2QFY23 from RM55 million in the preceding quarter, while income available for distribution increased to RM27 million from RM17.
Sunway books RM203 mil net profit in 4Q, declares 3.5 sen dividend
The most notable jump was recorded by the group’s property development segment, whose revenue leapt 140.
