Sime Darby Property 4Q net profit drops 86%, declares 3 sen dividend
KUALA LUMPUR (Aug 28): Sime Darby Property Bhd's net profit plummeted 85.
Ewein 2Q net profit soars 273% on higher property sales
KUALA LUMPUR (Aug 27): Ewein Bhd's second quarter net profit increased 273% to RM11.
Thriven sees thriving growth as new projects kick in
KUALA LUMPUR (Aug 27): Property developer Thriven Global Bhd, formerly known as Mulpha Land Bhd, is targeting an exponential growth in its top and bottom lines supported by unbilled sales of over RM460 million as well as new sales.
Meagre savings from SST exemptions unlikely to lower house prices, says property developer
PETALING JAYA (Aug 24): The reintroduction of the Sales and Services Tax (SST), slated in September, is unlikely to reduce house prices despite cost savings of at least 1% to 2% for property developers, said Paramount Corp Bhd group CEO and director Jeffrey Chew.
Tropicana Corp 2Q net profit down 18% on lower revenue
KUALA LUMPUR (Aug 23): Lower sales have dragged Tropicana Corp Bhd’s net profit for the second quarter ended June 30, 2018 (2QFY18) lower by 18.
Guan Eng: BN govt also did not return RM16.05b in excess taxes paid
KUALA LUMPUR (August 23): The new Pakatan Harapan government has revealed that excess income tax and real property gains tax paid by taxpayers totalling RM16.
MQREIT sees 4.48% traded off-market
KUALA LUMPUR (Aug 21): MRCB-Quill REIT (MQREIT) saw 48 million of its units cross off-market today.
E&O posts lower 1Q net profit as forex, JV losses weigh
KUALA LUMPUR (Aug 21): Eastern and Oriental Bhd (E&O)’s net profit for the first quarter of its financial year 2019 (1QFY19) fell 34% from a year ago, despite a 15% rise in revenue, as it was impacted by unrealised foreign exchange losses and losses from joint ventures (JVs).
MB World's 2Q earnings more than triples as revenue doubles
KUALA LUMPUR (Aug 20): MB World Group Bhd saw its net profit for the second quarter ended June 30, 2018 (2QFY18) rose to RM22.
M'sia 1Q18 median house price is RM280k
PETALING JAYA (Aug 17): The median house price in the country in the first quarter of 2018 (1Q18) stood at RM280,000, according to the National Property Information Centre’s (Napic) The Residential Prices Quarterly Update report for the period.
