Vivocom International Holdings Bhd, whose share price has come under selling pressure in recent months, announced that its subsidiary — Vivocom Enterprise Sdn Bhd (VESB)— has been appointed to construct condominium blocks for the 1Malaysia Civil Servants’ Housing Programme (PPA1M) in Perak.
KPJ Healthcare Bhd’s 60.56%-owned subsidiary Perdana Specialist Hospital Sdn Bhd (PSHSB) is purchasing an office building in Kota Bharu, Kelantan for RM6.8 million.
The property developer has landbank lasting nine years but wants more
Iskandar Waterfront City Bhd saw its first-quarter net loss widen to RM56.46 million from RM4.8 million a year ago.
Vivocom International Holdings Bhd's net profit fell 74% to RM5.24 million in the first quarter from RM19.87 million a year ago, as it recorded a slump in construction revenue.
Fajarbaru Builder Group’s net profit in the third quarter ended March 31, 2017 (3QFY17) grew close to eight times to RM22.2 million, from RM2.86 million a year earlier, on revenue generated by its property development segment.
Sunway Bhd’s net profit rose 5.7% to RM107.91 million or 5.33 sen a share in the first quarter ended March 31, 2017 (1QFY17), from RM102.1 million or 5.71 sen a share a year ago, on higher contribution from all business segments except property development.
MPHB Capital Bhd is expanding its property investments to grow the company's earnings.
Sentoria Bina Sdn Bhd will take on a construction project involving 506 units of single-storey semi-detached houses in Pahang worth RM60.8 million.
Property developer Eastern & Oriental Bhd (E&O) returned to the black in the fourth quarter ended March 31, 2017 (4QFY17), posting a net profit of RM49.44 million or 3.93 sen per share, compared with a net loss of RM14.4 million or 1.15 sen loss per share a year ago, driven by its property segment.
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