Weakness in recording, monitoring and enforcement cost Railway Assets Corp RM13m in rental revenue
Furthermore, audit checks uncovered that 54 rental offer letters had been returned by tenants, but rental agreements had not been prepared.
RHB IB stays confident on construction and cement industry, Press Metal and Malayan Cement top picks
The research house reiterated its conviction that cement demand will continue to flourish in the medium-to-long term, propelled by the commencement of major infrastructure projects in Malaysia.
‘Penang CM Chow’s statement is misleading; we did not approve the land deal with Umech’ — Ramasamy and Lee Kah Choon
"The said meeting decided that Umech was to carry out a market survey to study the composition of land usage, [for] proof of Umech’s financial sustainability to be evaluated, and other related matters.
Positive JB retail market underpinned by upcoming RTS Link
Allan Soo RE Consultants principal, Allan Soo: The daily crossings (between Singapore and Johor Bahru) are 320,000.
Econpile bags RM101m job for SoHo project in KL
“The project is expected to contribute positively to the revenue and earnings of the company from the financial year ending June 30, 2024 onwards.
Maybank IB expects Gamuda’s core net profit to hit RM1b mark in FY2025
In a note on Monday, the research house said Gamuda’s FY2023 CNP grew 7% year-on-year, another record high, as contributions from overseas engineering and construction (E&C) jobs offset earnings foregone post the sale of its tolled highways in October 2022.
Knusford hits two-and-a-half-year high after Lim Kang Hoo proposes consolidation of group biz under Ekovest
On Wednesday, Lim proposed to undertake a reorganisation, rationalisation and merger proposal involving companies in which he is a major shareholder, namely Knusford, Ekovest, Iskandar Waterfront Holdings Sdn Bhd (IWH), and Iskandar Waterfront City Bhd (IWCity).
Gamuda hits all-time high after posting RM1.84 bil profit in FY2023
On Wednesday, Gamuda reported that its net profit rose to RM1.
Gamuda's FY2023 net profit crosses RM1b on disposal of highways; overseas construction revenue surges fourfold to RM3.5b
“Property sales rose to an all-time high of RM4.
TWL Holdings to raise RM23.51 mil for Rumah Selangorku project via share placement
The property development and construction firm said the private placement exercise entails the issuance of up to 810.
