Radium Development reports revenue of RM27.53 million in 1QFYE2024
The group maintained a gross gearing ratio of 0.
Sime Darby Property soars to near six-year high after 1Q results
Core net profit for the first three months ended March 31, 2024 (1QFY2024) accounted for 29% of consensus’ full-year estimates, which was above expectations, as analysts noted that SimeProp usually reports stronger results in the second half.
LBS posts flat 1Q net profit as revenue drops to lowest in nearly three years
LBS Bina said the property development segment remained its largest revenue contributor, at 96% or RM327 million of the group’s total revenue.
Avaland Bhd sees 60% take-up rate for Amika Residences within two months of launch
Avaland Bhd chief executive officer Apollo Bello Tanco: “This remarkable accomplishment has been further recognised when we managed to secure GreenRE Gold certification for Amika Residences, which is a testament of our continued dedication to develop sustainable projects.
Lagenda Properties buys land in Kedah for affordable housing development
Lagenda said it entered into a deal on Tuesday to buy the three plots of land from plantation company Hock Lean Rubber Estate Sdn Bhd to expand its land holdings and solidify the group’s position as a developer of affordable townships in Kedah.
Urban Land Institute: Property prices and rentals in popular Apac cities on uptrend
The report also highlighted that due to significant immigration inflows into major cities in the region, home prices and rent have risen materially.
KTI Landmark to raise RM48m from ACE Market IPO
“The allocation of proceeds for our working capital requirements will reduce our dependency on external financing, and allow us to undertake more projects concurrently.
Binastra MD offloads 6% stake for RM36m
Meanwhile, a separate filing showed that Binastra’s executive director Lee Seng Yong acquired the 30 million share block, raising his stake in the company to 14.
Menang declares six sen special dividend as earnings rises to six-year high
The better quarterly earnings were due to an adjustment it made to reverse the over-accrued liability in the current quarter, totalling RM4.
