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The deadline for Top Builders to release its first quarter for the financial year ending June 30, 2023 (1QFY2023) report was Wednesday (Nov 30), as per Bursa Malaysia’s main market listing requirements.

This year’s Light Festival will feature seven different touchpoints along the designated route to allow visitors an illuminative stroll.

The group declared a final single tier dividend of 1.

“We are pleased to be selected to participate in this project named Helix2 by award-winning developer Eupe PJ South Development Sdn Bhd, a subsidiary of Eupe Corporation Bhd.

The tremendous improvements were due to higher recognition from construction progress and sales of completed inventory which showed a marked pick-up after two years of Covid-19 related disruptions and numerous construction site closures, the group said in its latest financial results announcement on Wednesday (Nov 30).

The property developer said it achieved RM640 million new sales in 3QFY2022, the highest quarterly sales recorded since 2017, while unbilled sales stood at RM2.

“Of course, there is no crystal ball, but I will say sales momentum will still be strong, though it may not be as high as in FY2022,” Sime Darby Property group managing director Datuk Azmir Merican said.

NCT executive chairman and group managing director Datuk Seri Yap Ngan Choy said the strong performance was mainly due to the resumption of economic activities and the reopening of national borders.

“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.