OSK Property’s Shah Alam mixed-use project scores high QLASSIC marks
PETALING JAYA (Aug 30): OSK Property Holdings Bhd’s Emira Residences & Urban Retail project in Shah Alam has achieved a QLASSIC score of 80.
IJM Corp’s order book, unbilled sales seen supporting FY19-FY21 earnings
IJM Corp Bhd (Aug 29, RM1.
Sime Darby Prop eyes up to 10% recurring income contribution
KUALA LUMPUR (Aug 29): Sime Darby Property Bhd (SDP) is targeting its recurring income segment to contribute up to 10% from its profit before interest and tax (PBIT) by 2022 or 2023 as part of the group’s strategic pillars to grow the recurring income, according to group chief financial officer Datuk Tong Poh Keow.
PMO: Property purchase doesn’t promise automatic residency in M'sia
PETALING JAYA (Aug 28): The Malaysian government has stressed that foreigners who wish to reside in Malaysia need to apply for permanent residency through the Malaysia My Second Home (MM2H) program.
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.
