Advancecon clinches RM35.6 mil earthworks job from Sime Darby Property
Last month, Advancecon won a RM22.
Retail Group Malaysia upgrades 2023 retail growth forecast to 2.8% after strong 3Q sales
For the first nine months of this year, the Malaysian retail industry expanded by 3.
After Bursa's reprimand, SCIB says group now has stronger internal controls and audit processes
SCIB acknowledged that the late submission of its Annual Report 2021 was primarily due to complexities in auditing overseas construction contracts.
KL-SG high-speed rail suit: ‘Mere dissatisfaction over govt decision alone not basis for legal action’
Judicial Commissioner (JC) Roz Mawar Rozain observed this while presiding over the defendants’ application to strike out the suit by Mohd Hatta Sanuri against former prime ministers Tun Dr Mahathir Mohamad and Tan Sri Muhyiddin Yassin, and several others over the Kuala Lumpur-Singapore high-speed rail (KL-SG HSR)’s cancellation two years ago.
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.
