IOI Properties posts weaker 1QFY2025 net profit as interest expense eats into margins
The property investment segment recorded operating profit of RM133.
The property investment segment recorded operating profit of RM133.
It said the unit, Opti Vega Sdn Bhd, had exercised an option in a development rights agreement signed with Intact Corporate Approach Sdn Bhd (ICA) earlier this year.
ISR 2030 outlines 12 strategic pillars driving IOI Properties' initiatives to address climate change, biodiversity, waste management, sustainable finance, supply chain management, employee well-being, and sustainability risks and opportunities.
A total of 1,600 residential and commercial units will be developed within the first five years of IOI Rio City's development.
What are new property launches like in KL this year? What type, how much? How do prices compare to the last 10 years? We put together the data for you to find out what you need to know.
As of June 30, IGSB had net current liabilities of RM58.
IOI Properties group chief operating officer Teh Chin Guan: "With three industrial parks, including one under planning, in industrial growth areas such as Johor, Selangor and Melaka, I am confident that the launch of the IOI Industrial Park series readily positions the group as one of the premiere industrial developers in the country.
It developments 2 Rio Office Park and 2Rio Residence in IOI Rio have eco-friendly features and excellent connectivity while the company organises public engagement and awareness events like the City Nature Challenge (CNC) 2024, CNC Kids Nature Walk, Town Park Night Walk, Earth Hour and Waste to Treasure campaigns.