The group said that due to Malaysian Financial Reporting Standards' (MFRS) 15 accounting treatment, the development profit from two of the group’s ongoing Singapore property development projects will only be recognised upon their completion and handover.
Eupe Corp Bhd group managing director, Datuk Beh Huck Lee: With key projects now launched and showing strong performances, we are well on the way to returning to the record revenue and profit levels the company demonstrated prior to COVID.
SkyWorld says collaboration provides its homeowners with “a seamless solution for enhancing their living spaces”.
“The initiative aims to improve the well-being of patients undergoing prolonged medical treatments and veterans of police and army forces who face mobility and health issues.
UOA Development posted a net profit of RM109.
In a bourse filing on Wednesday (Aug 23), the premier lifestyle property developer said revenue jumped by 11.
NCT executive chairman and group managing director Datuk Sri Yap Ngan Choy said while the bottom line was impacted in the period under review, the company continued to record solid growth in revenue.
In a bourse filing on Tuesday (Aug 22), Country Heights said the group had on Monday (Aug 21) received a writ of summons, statement of claim and notice of case management from the solicitors acting for MBSB.
In a bourse filing on Tuesday (Aug 22), Magna Prima said it had on Tuesday inked a sale and purchase agreement with Lee Shu Shun for the proposed acquisition.
The construction segment’s profit before tax (PBT) surged more than seven-fold to RM8.
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