Scientex's 3Q net profit rises 24%, propelled by property business
The group anticipates strong demand for its affordably priced properties and will continue to launch new phases of developments.
Analysts mostly positive on S P Setia-Mah Sing Semenyih land deal
For S P Setia, the developer expects to free up RM278 million of cash and a gain on disposal of RM31 million.
UEM Sunrise to unveil The Connaught One, a transit-oriented development in Cheras
KUALA LUMPUR (June 20): UEM Sunrise Bhd is set to unveil its highly anticipated transit-oriented development (TOD) project, The Connaught One, in Taman Connaught, Cheras on Saturday, June 24.
S P Setia announces land sale of approximately 500 acres in Semenyih for RM392m
“This sale is part of S P Setia's strategic plan to improve capital efficiency by monetising its identified land banks and aligns with the company's long-term plan to move towards a lighter asset structure.
BON Estates unveils prestigious Bon Kiara this weekend
Up to 50% of the 410 available units are already reserved as the “high-rise condominium has generated significant interest among urban dwellers who value a quality lifestyle and captivating living environments”.
Khazanah-Boustead JV sells assets of discontinued KidZania Singapore to Singapore-listed Sim Leisure for RM380,000
KidZania Singapore, which opened in July 2016 on Sentosa Island, Singapore, closed its doors permanently in 2020, hit by the Covid-19 pandemic.
PAC calls on PM's Dept to declassify report on Defence Ministry's land swap deals
PAC chairman Datuk Mas Ermieyati Samsudin told a press conference in Parliament on Thursday (June 15) that she had written a letter to Datuk Seri Azalina Othman Said, the minister in the Prime Minister's Department for legal and institutional reform, seeking for the report to be declassified.
Paramount aims higher sales of RM1.2 bil in FY2023 amid softer outlook
Group chief executive director and executive director Jeffrey Chew Sun Teong said the 10% targeted sales growth is “conservative”, considering weaker market sentiment this year compared to last year amid concerns over high inflation and economic prospects.
UOA Development embarks on F&B business venture with RM21.2m start-up cost
UOA said its units Armada Hartasegar Sdn Bhd and Regenta Development Sdn Bhd had on June 14 entered into a term sheet agreement with Hokkien Peng Restaurant Group Sdn Bhd and Hoteland Sdn Bhd.
Seremban Engineering enters JV with NS Corp to develop Jetty Arang land
Based on its Bursa filing on Wednesday, both parties have also entered into a subscription and shareholders agreement (SHA) for the incorporation of a special purpose vehicle (SPV) to implement the joint venture.
