Gamuda 3Q profit up 17%; MD Lin’s contract renewed for another five years
KUALA LUMPUR (June 28): Gamuda Bhd’s net profit in its third quarter ended April 30, 2018 (3QFY18) grew 17% to RM200.
TA Global defers project launches to next year
KUALA LUMPUR (June 27): TA Global Bhd will hold back the launch of three of its Kuala Lumpur projects this year due to the challenging market environment.
‘FT Foundation not involved in Gombak market redevelopment’
KUALA LUMPUR (June 27): The Federal Territories Foundation (YWP) has clarified that it is not involved in the redevelopment of Pasar Besar Gombak here.
Selangor Properties 2Q earnings clipped on fair value loss, slips into the red in 1H
KUALA LUMPUR (June 26): Selangor Properties Bhd’s net profit for the second quarter ended April 30, 2018 (2QFY18) contracted by 22.
Evolve Concept Mall stake sale needs more time — Jaks
ARA DAMANSARA (June 26): Jaks Resources Bhd said the proposed sale of its 51% stake in Evolve Concept Mall at Ara Damansara, Selangor will require more time, as potential buyers continue to evaluate the deal.
Full cabinet list circulating on social media inaccurate, says report
KUALA LUMPUR (June 26): The full cabinet list circulating on social media is inaccurate, reported the news portal Malaysiakini today.
KPKT to work with Sarawak to build homes for Sarawakians
PUTRAJAYA (June 26): Housing and Local Government Minister (KPKT) Zuraida Kamaruddin said the ministry will be working with the Sarawak government to solve housing issues in the state.
Erosion: Graves in Muslim cemetery collapse into Sarawak river
KUALA LUMPUR (June 26): More than 100 graves in a Muslim cemetery in Seruai, Spaoh district, Sarawak have collapsed into the Sungai Saribas owing to soil erosion According Batang Lupar PKR branch chief Abang Zulkifli Engkeh, the soil erosion is believed to be caused by sand mining and dredging activities in and around the Sungai Saribas carried out by a private company, Bernama reported yesterday.
Slew of new launches likely to boost Titijaya revenue
Titijaya Land Bhd (June 25, 38 sen) Maintain buy with a fair value (FV) of 50 sen: We revised our financial year 2018 forecast (FY18F) to FY20F forecasts downwards by 2.
