In a note on Monday, the research house said Gamuda’s FY2023 CNP grew 7% year-on-year, another record high, as contributions from overseas engineering and construction (E&C) jobs offset earnings foregone post the sale of its tolled highways in October 2022.
The property developer issued the new IMTNs in two tranches: a RM200 million first tranche with a five-year tenure and a RM150 million second tranche with a seven-year tenure.
Sunway said its wholly-owned subsidiary Fortuna Gembira Enterpris Sdn Bhd ceased to be a substantial shareholder of IJM after selling 2.
The former chief executive officer of Sunway Real Estate Trust (REIT), who retired last June 30 after reaching the age of 66, was also an adviser of the Malaysian REIT Managers Association.
According to a bourse filing on Friday, Eng Seng and Eng Ho’s vehicle Kerjaya Prospek Development (M) Sdn Bhd on Sept 27 converted 60 million ICULS to shares at 23.
The water quality evaluation was necessary to activate Kiara Bay's waterfront development within the integrated township, ensuring a safe and pleasant environment for the community's enjoyment and activation of various water activities.
Iconic Group chairman and Iconic Penang director Datuk Seri Tan Kean Tet said the collaboration with Marriott signified the group’s effort to expand its presence in the hotel industry.
On Wednesday, Lim proposed to undertake a reorganisation, rationalisation and merger proposal involving companies in which he is a major shareholder, namely Knusford, Ekovest, Iskandar Waterfront Holdings Sdn Bhd (IWH), and Iskandar Waterfront City Bhd (IWCity).
On Wednesday, Gamuda reported that its net profit rose to RM1.
The issue of “affordability or rather the unaffordability” of houses remains a major issue for the rakyat and industry alike.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
