EcoFirst 2Q profit jumps on land sale; CEO upbeat on property market recovery
The property development division contributed RM3.6 million to the group's profit before tax.
The property development division contributed RM3.6 million to the group's profit before tax.
The dividend will be paid on March 20, with the ex-date on Feb 19.
The main building works contractor for a public housing project in Precint 17, Putrajaya
Malton has been in the news recently — its 51%-owned unit Memang Perkasa is currently undergoing a court case with the Save Taman Rimba Kiara Group, which is formed mostly by residents of Taman Tun Dr Ismail.
“As the award was deemed to be below the market value, it was accepted under protest."
The market share is controlled by limited key players in several subsegments such as hypermarket, supermarket and cinema.
This is when measuring affordability using lifetime approach.
IWH also gave its consent for Ekovest to take IWCity private should the latter intend to after the takeover exercise.
MBSB is of the opinion the Malaysian property segment is in “a bit of a glut”.
E&O has acquired the remaining 4.4% stake it does not own in Bridgecrest Resources Sdn Bhd for RM33 million.