Matrix Concepts’ 1Q net profit rises 37% to RM64.6m, declares 2.5 sen dividend
The group has extended its strong sales momentum by securing RM305.
LBS Bina drops 6% in 2Q on lower contribution from property development business
It attributed the decrease in revenue and PBT to certain development projects that were near their completion before vacant possession.
Ewein announces boardroom changes, appoints Tay Seng Chew as executive chairman
At the same time, Ewein managing director Chuah Poh Lim, 55, will step down from his role “to focus on Ewein’s subsidiaries business performance”.
Lagenda Properties' net profit falls 34% on lower property development contribution, higher finance costs
“Lagenda has a proven track record of delivering landed affordable housing with lifestyle facilities and our key projects have recorded take-up rates of above 90%.
Old areas around Merdeka 118 to be reimagined from young minds through YPLab
The YPLab initiative this year wants to look at reactivating spaces for the community’s needs through the lens of the younger generation.
Johor Bahru property prices, rentals catching up with Klang Valley on RTS Link, strong Singapore dollar — RHB IB
According to RHB Investment Bank (RHB IB), which has received insights from real estate agency Knight Frank Malaysia, a lot of infrastructure projects, property developments, facility expansions and investments are “brewing” in Iskandar Malaysia, which is formed by major cities in Johor.
Guocoland 4Q net profit falls 34% on lower contribution from property development segment, pays 2 sen dividend
The group in a filing with Bursa on Aug 18 said it also saw a lower share of results of associates and joint ventures in the current quarter, mainly due to a share of loss in an associated company resulting from fair value loss on its investment properties.
UEM Sunrise exceeds launch and sales targets for 2023
Total revenue of RM605 million; 76% from property development activities.
Increased optimism for 1H2024, despite neutral outlook for the rest of 2H2023 by developers — Rehda
Having emerged from the pandemic a year ago with everything continuing to normalise and getting better, and with elections out of the way, developers are optimistic about the next year.
Kerjaya Prospek’s 2Q earnings up 10% on record quarterly revenue
In a bourse filing on Friday (Aug 18), Kerjaya Prospek said its revenue grew 11.
