GSH swings into 4Q and FY2016 losses
SINGAPORE (Feb 28): GSH Corp, the property developer and owner of Sutera Harbour Resort in Kota Kinabalu, swung into losses of S$3.
Help for first-timers buying resale HDBs, but no easing of cooling measures
ON Feb 20, Finance Minister Heng Swee Keat announced in his Budget statement that, with immediate effect, the Central Provident Fund’s (CPF) Housing Grant had been raised to $50,000 for first-timer couples buying four-room or smaller HDB flats from the resale market.
Mitrajaya's 4Q profit jumps 77%; buys more land via new JV
KUALA LUMPUR (Feb 28): Mitrajaya Holdings Bhd, which announced a 77% jump in its final quarter of financial year 2016's earnings, has partnered up with private developer Gema Padu Sdn Bhd to jointly develop three plots of land that the pair is buying from the latter's subsidiaries.
MRCB rises 2.10% on solid 4Q earnings
KUALA LUMPUR (Feb 28): Malaysian Resources Corp Bhd (MRCB) rose 2.
UEM Sunrise sees 26% drop in 4Q net profit
KUALA LUMPUR (Feb 28): UEM Sunrise Bhd’s net profit in the fourth quarter ended Dec 31, 2016 (4QFY2016) slipped 26.
MRCB’s FY2016 revenue, PBT highest in 10 years
PETALING JAYA (Feb 27): Driven by strong performance in the property development segment, Malaysian Resources Corp Bhd (MRCB) has recorded a revenue of RM1.
Titijaya partners CREC to develop RM575 mil mixed project in Kota Kinabalu
KOTA KINABALU (Feb 27): Property developer Titijaya Land Bhd is partnering China Railway Engineering Ltd to jointly develop mixed-use project with a gross development value (GDV) of RM575 million on a 1.
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Mah Sing introduces new logo, tagline and vision
PETALING JAYA (Feb 27): Mah Sing Group Bhd (Mah Sing) unveiled its new corporate logo and tagline during the company’s annual dinner at the Majestic Hotel, Kuala Lumpur, recently.
