Guocoland's 2Q profit lower on absence of land sale proceeds
KUALA LUMPUR (Jan 26): Guocoland (M) Bhd, the property arm of Hong Leong Group, saw its net profit for the second quarter ended Dec 31, 2017 (2QFY18) contract to RM965,000 from RM110.
KUALA LUMPUR (Jan 26): Guocoland (M) Bhd, the property arm of Hong Leong Group, saw its net profit for the second quarter ended Dec 31, 2017 (2QFY18) contract to RM965,000 from RM110.
PETALING JAYA (Jan 26): The federal government will propose a lower mortgage interest rate to Bank Negara Malaysia despite the central bank raising the overnight policy rate (OPR) by 25 basis points to 3.
KUALA LUMPUR (Jan 26): As expected, Bank Negara Malaysia (BNM) raised its key interest rate by 25 basis points (bps) to 3.
KUALA LUMPUR (Jan 25): Trendcell Sdn Bhd, which operates supermarket chain Jaya Grocer, plans to open five new stores across the country this year to take the total store count to 27.
KUALA LUMPUR (Jan 25): Bank Negara Malaysia (BNM) (pictured) raised the overnight policy rate by 25 basis points to 3.
PUTRAJAYA (Jan 25): The Malaysian Anti-Corruption Commission (MACC) today obtained a five-day remand order from the Magistrate’s Court here on an engineering consultancy company chairman with the “Datuk Seri” title to help in the Penang undersea tunnel investigation, Bernama reported today.
PETALING JAYA (Jan 25): Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP) has asserted that the Joint Management Body (JMB) of Villa Sri Melati — a block of flats at Rifle Range, Penang — is responsible for fixing a leak in the main underground pipe that had swelled the water bill to a whopping RM268,258.
KUALA LUMPUR (Jan 25): Builder and property developer Ireka Corp Bhd has teamed up with two Chinese firms to look at introducing the autonomous rail rapid transit (ART) system in Malaysia, as it seeks to diversify into the urban transportation and logistics businesses.
KUALA LUMPUR (Jan 25): Property developer Hua Yang Bhd slipped into the red in the fiscal third quarter ended Dec 31, 2017 (3QFY18), posting a net loss of RM957,000 compared with a net profit of RM10.