Ekovest net loss swells in 4Q as construction and property investment revenues decline
The group attributed the lower revenue to fewer construction activities caused by slower lead time for the supply of building materials.
The group attributed the lower revenue to fewer construction activities caused by slower lead time for the supply of building materials.
MELAKA (Oct 21): A Melaka Tengah Fire and Rescue Department firefighter passed away this morning, after losing consciousness during a flood rescue operation at Kampung Sungai Putat, Ayer Keroh yesterday (Oct 20).
KUALA LUMPUR (Sept 24): Bank Negara Malaysia (BNM) has launched the Malaysia Overnight Rate (MYOR) as the new alternative reference rate (ARR) for Malaysia, as part of a transition to transaction-based rates.
KUALA LUMPUR (Sept 16): Hotel Royal Penang (pictured) will permanently cease operations “soon”, the New Straits Times (NST) reported yesterday.
KUALA LUMPUR (Sept 2): The government will accelerate Covid-19 vaccination and medical operations in five states soon, namely Sabah, Johor, Penang, Kedah and Kelantan that are currently experiencing a spike of Covid-19 cases, as well as slow vaccination rates, according to newly minted Health Minister Khairy Jamaluddin (pictured).
KUALA LUMPUR (Aug 12): While the Malaysian economy is on the road to recovery from Covid-19, the Organisation for Economic Co-operation and Development (OECD) said risks still remain from the ongoing crisis, as continued reforms are required to improve the business environment further and accelerate digitalisation.
KUALA LUMPUR (June 10): Former prime minister Tun Dr Mahathir Mohamad said he proposed the setting up of a National Operations Council (Mageran) during his audience with the Yang di-Pertuan Agong today, as a potential solution to the issues Malaysia is currently facing.
KUALA LUMPUR (Nov 18): Bleeding hotel operations continued to drag the third quarter ended Sept 30, 2020 (3QFY20) of TA Enterprise Bhd (TAE) and its 60% subsidiary TA Global Bhd deeper into the red.
KUALA LUMPUR (June 12): Ekovest Bhd's net profit in its third quarter ended March 31, 2020 (3QFY20) fell 71.
KUALA LUMPUR (April 24): The Cement & Concrete Association of Malaysia (C&CA) has lauded the government’s decision to allow cement plants to resume operations, saying the industry has been suffering massive losses for the last two years with the Covid-19 pandemic exacerbating the situation.