Lagenda logs record quarterly property sales; profit down 6.5% on higher admin expenses
Lagenda said the RM413.
Lagenda said the RM413.
Revenue rose 38% year-on-year (y-o-y) to RM235.
Eric Chan brings over 25 years of experience in the property development sector.
Quarterly revenue inched up 1.
The group declared an interim dividend of three sen per share, to be paid on Sept 18.
The MOF added that if hotels proceed to raise rates on the pretext of the SST, the government, through the Ministry of Domestic Trade and Cost of Living (KPDN), will examine the matter to prevent unreasonable price increases.
“Under the proposed Act, the government has no right to relocate any owners.
Distributive trade totalled RM149.
The strong sales in the first nine months helped lift Sime Darby Property's cumulative net profit and revenue to record highs.
A news report last week revealed that Concorde Hotel Kuala Lumpur is up for sale at nearly RM700 million, along with the adjacent land.