Mixed performance in 4Q2016
THE property market in Johor will remain challenging this year and developers will focus on clearing stock and selling products priced below RM700,000.
Boustead 4Q earnings surge on lower operating costs, declares 3.5 sen dividend
KUALA LUMPUR (Feb 28): Boustead Holdings Bhd said its net profit for the fourth quarter ended Dec 31, 2016 (4QFY2016) swelled by 28 times to RM120.
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.
Ireka Corp gets RM60.8 mil job from MPI
KUALA LUMPUR (Feb 28): Ireka Corp Bhd has been awarded a fixed price lump sum design-and-build contract worth RM60.
Sunway confident about future earnings
KUALA LUMPUR (Feb 28): Sunway Bhd’s net profit for the fourth quarter ended Dec 31, 2016 dropped 13% to RM185.
Property development dragged Jaks Resources into the red in 4Q
KUALA LUMPUR (Feb 28): Jaks Resources Bhd slipped into the red with a net loss of RM24.
Kimlun's 4Q net profit up 13%, plans 6.5 sen dividend
KUALA LUMPUR (Feb 28): Higher profit contribution from the manufacturing, construction and trading divisions lifted Kimlun Corp Bhd’s net profit by 13% to RM24.
Phase one of M101 Skywheel 80% sold over launch weekend
PETALING JAYA (Feb 27): The phase one of M101 Skywheel, Kuala Lumpur was 80% sold at its official launch last weekend, said M101 Holdings Sdn Bhd CEO Datuk Seth Yap.
Kerjaya Prospek 4Q profit up fivefold on contribution from newly acquired units
KUALA LUMPUR (Feb 27): Kerjaya Prospek Group Bhd has posted a fivefold increase in net profit for the fourth quarter ended Dec 31, 2016 (4QFY2016) after consolidating results from two subsidiaries that were acquired in January 2016.
