Nexgram 3Q net loss narrows
KUALA LUMPUR (June 23): Nexgram Holdings Bhd's third quarter net loss narrowed to RM277,195 from a net loss of RM3.
DONE DEAL: Ken Damansara 3 condo unit, Petaling Jaya, Selangor
Sold for: RM690,000 (RM653 psf) Concluded by: Teoh Peng Peng (PV1436) of Hartamas Real Estate Sdn Bhd (018-206 7122) When: March 2017 Noteworthy: ● Freehold ● 1,057 sq ft unit ● Three bedrooms, two bathrooms ● Fully furnished with wet and dry kitchen, wardrobe and TV cabinet ● Facilities include swimming pool, gym room, children’s playground, 24-hour security and cafeteria ● Accessible via Damansara-Puchong Expressway (LDP), Sprint Expressway, Federal Highway and Jalan Universiti Located within Petaling Jaya’s vibrant SS2 neighbourhood, Ken Damansara 3 is a freehold condominium developed by Ken Holdings Bhd.
Jaks Resources: Loss-making property unit's turnaround will ‘take a while’
KUALA LUMPUR (June 22): Jaks Resources Bhd, whose profitability was dragged down by its loss-making property division in the financial year ended Dec 31, 2016 (FY16) and first quarter ended March 31, 2017 (1QFY17), said it would take some time for the division to start bearing profits.
Shares of Dalian Wanda Group plunge — report
KUALA LUMPUR (June 22): Dalian Wanda Group, owned by China's second richest man, Wang Jianlin, was in focus on Thursday as the shares and bonds of its units plunged, according to Bloomberg.
Glomac 4Q net profit shrinks 94.36%
KUALA LUMPUR (June 22): A loss in “other operating income” has dragged Glomac Bhd’s fourth-quarter net profit down 94.
Bandar Malaysia's RFP to be issued this week, says Irwan Serigar
SUBANG (June 21): Bandar Malaysia Sdn Bhd chairman Tan Sri Dr Mohd Irwan Serigar Abdullah said the request for proposal (RFP) for the RM12.
PR1MA to raise RM5 bil to sustain 89 housing projects
PUTRAJAYA (June 21): Perbadanan PR1MA Malaysia (PR1MA), the single largest affordable housing developer in Malaysia, is planning to raise RM5 billion to support 89 of its executed projects nationwide, comprising 89,449 units of homes.
Selangor Dredging to sell Kuala Lumpur headquarters for RM480 mil
KUALA LUMPUR (June 21): Selangor Dredging Bhd (SDB) is selling Wisma Selangor Dredging along with the land in Jalan Ampang here for RM480 million cash.
Becoming Singapore’s No 1 realtor
ON June 12, PropNex Realty announced a merger with Dennis Wee Group (DWG), which could result in a combined sales force of close to 7,000 agents.
