UEM Sunrise 3Q net profit jumps 2.4 times

Nov 21

KUALA LUMPUR (Nov 20): UEM Sunrise Bhd, whose third-quarter net profit jumped 2.

Suncon 3Q net profit up 11% on construction segment boost

Nov 21

KUALA LUMPUR (Nov 20): Sunway Construction Group Bhd (SunCon), the country's largest pure-play construction group, saw its net profit rise 11.

Eligible house loan applicants will not be rejected, says Association of Banks in Malaysia

Nov 20

KUALA LUMPUR (Nov 20): The Association of Banks in Malaysia (ABM) has reiterated that its member banks “have been and will continue to” provide home loans to all eligible borrowers, said the association in a statement issued today to rebut claims that commercial banks are imposing strict rules on home loan applicants.

IOI Properties 1Q profit up 28% on better earnings from core businesses

Nov 20

KUALA LUMPUR (Nov 20): IOI Properties Group Bhd’s net profit jumped 28.

Sime Darby to review investment-grade rating after demerger exercise

Nov 20

KUALA LUMPUR (Nov 20): Sime Darby Bhd will review its investment-grade rating after spinning off its cash-generating plantation and property units, which will be separately listed on Bursa Malaysia on Nov 30.

Rate hike to come on the back of a stronger ringgit

Nov 20

KUALA LUMPUR (Nov 20): The expectation of an interest rate hike next year is likely to be on the back of a stronger ringgit, with some economists predicting it could breach 4.

Zecon share trade suspended

Nov 17

KUALA LUMPUR (Nov 17): Zecon Bhd's share trade has been suspended from 2:30pm today until Monday (Nov 20) 5pm pending a material announcement, the builder and property developer said in statements on Bursa Malaysia's website today.