“Among the current hard-pressed issues are the building materials price hike and the shortage of foreign workers; both with lasting effects on the industry the longer they go on.
“The group's performance for this year was mainly derived from profit recognition from sales of inventories in Pangsapuri Samudera, and progressive profit recognition of Kiara 163 KL.
WCT group managing director Datuk Lee Tuck Fook said the group will continue to focus on project execution, while identifying new opportunities to replenish the order book of RM3.
Tiong Nam managing director Ong Yoong Nyock said the demand for its logistics and warehousing business is poised to further increase amid the economic recovery in the country.
The group believes its property development division will remain one of the key contributors to its performance for the remaining part of FY2022.
Ministry secretary-general Datuk M Noor Azman Taib said federal ministries and agencies play the role of interpreting and implementing strategies outlined in the plan in the form of actions and programmes, to ensure it can be implemented more efficiently by implementor agencies at the state and local level.
Rapid Rail added that all trains passing through the Kerinchi LRT station are now operating automatically and normally in both directions.
The improved revenue performance was mainly contributed by Monet Garden at Sunsuria City township as well as from the group’s on-going projects; Sunsuria Forum (Phase 2), an integrated residential and commercial development at Setia Alam; Tangerine Suites at Sunsuria City township, and Bangsar Hill Park (Block A, D, and E).
UEM Sunrise CEO Sufian Abdullah: Residensi Astrea’s topping [out] demonstrates our continued efforts to bring value to the Mont’Kiara neighbourhood as one of its pioneer developers, despite the challenges we faced and overcame.
Eversendai said the loss included an unrealised foreign exchange loss of RM53.
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