Country Heights promotes deputy MD to acting MD
Country Heights Holdings Bhd has appointed its deputy managing director Dr Ricky Yip Chun Mun as the new acting MD effective Friday (Dec 1).
Ekovest posts net profit of RM3.08 million with lower revenue in 1QFY24
Ekovest Bhd’s net profit soared to RM3.08 million in its first financial quarter ended Sept 30, 2023 (1QFY2024) from RM182,000 a year ago, thanks to improved results from its construction operations.
PJBumi gets nod from local authority to develop industrial factories in Sungai Petani with RM42m GDV
PJBumi Bhd said it has received a conditional development order from the Sungai Petani Municipal Council for the proposed development of its 4.6-acre industrial land in Sungai Petani, Kedah.
KSL posts 43% jump in 3Q net profit on contributions from flagship projects
Property developer KSL Holdings Bhd has posted a 43.1% jump in its net profit for the third quarter ended Sept 30, 2023 (3QFY2023) to RM84.58 million from RM59.12 million a year ago, mainly contributed by the group’s flagship property projects in Johor Bahru, Kluang and Klang.
MKH gets shareholders' nod to list plantation arm on Main Market
Property group MKH Bhd has obtained approval from its shareholders for the proposed listing of its wholly owned plantation subsidiary MKH Oil Palm (East Kalimantan) Bhd (MKHOP) on the Main Market of Bursa Malaysia.
Gadang acquires land in Kwasa Damansara to undertake residential project
Gadang Holdings Bhd is acquiring a 21.08-acre land in Kwasa Damansara for RM114.78 million, or RM125 per square feet, to be developed into a residential project.
KLCCP Stapled Group’s 3Q net profit up 5%, raises dividend to 8.8 sen
KLCCP Stapled Group’s net profit rose 4.96% to RM185.34 million in the third quarter ended Sept 30, 2023 (3QFY2023), from RM176.59 million a year ago, on improved hotel and management services while the office segment remained steady.
Widad widens loss by over ninefold in 3Q to RM7.65m
... mainly due to higher finance cost arising from borrowings made to acquire a concession business.
WCT in the red again in 3Q on absence of land disposal gain
Builder-cum-property developer WCT Holdings Bhd has gone back to the red in the third quarter ended Sept 30, 2023 (3QFY2023) with a net loss of RM13.54 million despite stronger revenue compared to a net profit of RM12.49 million a year ago, due to absence of positive one-off items recognised in the previous corresponding quarter — including a land disposal gain.
Short-term rental ban in Penang has led to increase in property value, rental yield, says E&O
The ban on short-term rental in Penang has resulted in an increase in property values and rental yields, according to Eastern & Oriental Bhd (E&O).
