Slump in construction drags Vivocom's 1Q profit down 74%
KUALA LUMPUR (May 31): Vivocom International Holdings Bhd's net profit fell 74% to RM5.
KUALA LUMPUR (May 31): Vivocom International Holdings Bhd's net profit fell 74% to RM5.
SINGAPORE (May 31): Ascott Residence Trust (ART) is acquiring DoubleTree by Hilton Hotel New York – Times Square South for US$106 million (S$148.
KUALA LUMPUR (May 31): Hap Seng Consolidated Bhd is looking at expanding its acreage in Sabah as it continues to expect stable contributions from its palm oil plantations division.
KUALA LUMPUR (May 31): Fajarbaru Builder Group’s net profit in the third quarter ended March 31, 2017 (3QFY17) grew close to eight times to RM22.
SINGAPORE (May 30): Maybank Kim Eng Research is turning positive on Singapore’s property developers with expectations of a potential rebound in property prices, even without further policy easing.
SINGAPORE (May 30): DBS Vickers expects Frasers Centrepoint Ltd (FCL) and its REITs to deliver consistent returns in the coming years, leveraging on the improved outlook of their key markets of Australia and Singapore.
KUALA LUMPUR (May 30): Voir Holdings Bhd shares, which hit a one-year high of 85 sen recently, are back on the uptrend after the group said it is considering diversifying into construction and logistics.
PETALING JAYA (May 30): Looks like more property owners are losing their holding power as 1Q2017 has seen a rise in the number of residential properties put up for auction in the country.
KUALA LUMPUR (May 30): Voir Holdings Bhd is looking to diversify beyond its existing fashion retail territory to include construction and logistics businesses.
KUALA LUMPUR (May 30): WCT Holdings Bhd's net profit increased 3.