News by Adam Aziz

ML Global Bhd is placing greater focus on industrialised building system adoption to help ease the shortage of labour in the company.

Econpile Holdings Bhd posted a record net profit for the third financial quarter ended March 31, 2017 (3QFY17), on higher billings recorded coupled with increased overall project order book secured.

Better cost management has helped lift Titijaya Land Bhd’s net profit by 26.77% to RM19.23 million for its third quarter ended March 31, 2017 (3QFY17), from RM15.17 million a year earlier.

IGB Corp Bhd's net profit jumped 122% in the first financial quarter ended March 31, 2017 (1QFY17) to RM115.25 million or 8.63 sen a share, from RM51.81 million or 3.88 sen in the previous corresponding period.

Shares of Iskandar Waterfront City Bhd (IWCity), which has been hit by the termination of its Bandar Malaysia deal earlier this month, were back on the uptrend today on fresh buying interest.

KLCC Property Holdings Bhd (KLCCP) closed its first financial quarter ended March 31, 2017 (1QFY17) with lower net profit of RM176.73 million or 9.79 sen a share, down 3.3% from RM182.75 million or 10.12 sen a share in the previous corresponding quarter.

Ekovest Bhd, which saw its share price plunge as much as 29.4% today, said it views the sell-down as a "temporary phenomenon".

GuocoLand (Malaysia) Bhd saw a 38% decline in net profit for its third financial quarter ended March 31, 2017 (3QFY17) to RM8.34 million from RM13.35 million a year ago, which it attributed to a high base effect after it sold a piece of land on Jalan Kia Peng last year.

Anzo Holdings Bhd has been slapped with yet another unusual market activity (UMA) query by Bursa Malaysia, after its share price plunged by 19.5 sen or 35.14% to 36 sen today.

The company is en route to a listing on the Main Market of Bursa Malaysia by June this year.