Revised Budget 2023: MBAM urges govt to commence MRT3 project to revive construction sector
“The MRT project is currently already at an advanced stage and should be implemented soonest.
IOI Properties's 2Q net profit triples on higher share of results from JVs
Share of results of JVs shot up to RM225.
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.
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.
UEM Sunrise returns to the black in 2022 after two years of losses
The property developer posted a net profit of RM20.
Sunway Property sets sales target of RM2.3 bil for 2023
“With a strong pipeline of projects that are rightly designed for the current market conditions and targeting the right buyer segment, we are confident to achieve our sales target of RM 2.
E&O sees rights issue, future sales supporting Phase 2 Andaman Island capex outlay
The group, which is seeking additional funds for the second phase of its 760-acre Andaman Island project, expects to have around RM500 million cash in hand next year despite downsizing its rights issue that was first proposed in February 2022.
IGB posts lower 4Q net profit on absence of hefty one-off disposal gain
IGB noted that the outlook of the office market in the near term remains volatile as there is an imbalance in the office supply-demand dynamics coupled with the fierce competition.
