Newly listed Radium posts better 3Q earnings, up 46% q-o-q
According to Radium, its revenue and profit for the quarter under review came mainly from the Residensi Vista Sentul, Suite Canselor and Residensi Desa Timur projects.
Bumiputera quota: Rehda calls on govt to set automatic release mechanism to resolve housing issues
Consequently, this has led to “a number of unintended consequences”, the first of which is the increased number of completed but unsold units, which Tong said is incorrectly labelled as “overhang”.
PN17 firm Perak Corp teams up with Advancecon to develop RM1b GDV industrial project in Perak
Under the JV, Perak Corp will be entitled to a revenue share of 35% based on the net development value while Advancecon will be entitled to 65%.
IOI Properties stumbles after 1Q net profit declines, but analysts upbeat on outlook
Analysts were unperturbed by its poorer y-o-y performance, as the results mostly met their expectations, while its core net profit had swelled q-o-q thanks to higher share of results from joint ventures and improved contributions from its property investment segment.
MIDF downgrades AEON Co to 'neutral', cuts earnings forecasts for FY2023 to FY2025
Despite profit rising to RM13.
ECM Libra Group buys Tune Hotel in Liverpool to add to its hospitality assets
In a bourse filing, ECM Libra said it has, through its subsidiaries, on Thursday (Nov 23), inked a business purchase agreement with the vendors Castle Street Liverpool LLP and CSL Opco Ltd to acquire the two leasehold assets that are located on the popular Castle Street.
Al-Aqar REIT’s 3Q net income falls on lower net income from Australia segment
Earnings per unit for the third quarter ended Sept 30, 2023 (3QFY2023) declined to 2.
TRX Tunnel to open on Nov 29, along with mall and rooftop park
The five-km underground vehicular tunnel will seamlessly link TRX to a network of 12 major roads and highways including Jalan Tun Razak, Jalan Sultan Ismail, Maju Expressway (MEX), SMART Tunnel and the Setiawangsa-Pantai Expressway (SPE), said TRX City Sdn Bhd, the master developer of the 70-acre TRX development.
Chin Hin's 3Q net profit down 29% on higher administrative expenses and finance costs
Quarterly revenue, however, increased 20.