Damansara Realty gets RM467.3m PPA1M project in Putrajaya
The property developer said Putrajaya Corporation (PJC) awarded the job to its wholly-owned subsidiary, Damansara Realty (Johor) Sdn Bhd, via a letter of award dated today.
Higher property sales boost Mah Sing's nine-month net profit
Mah Sing attributed the improvement in 9MFY15 results to higher work progress and sales from its ongoing development projects.
DRB Hicom proposes 51% buy of unit developing Media City; taps into property project
The acquisition will also allow the diversified group to jointly undertake the planning, design and completion of new facilities and infrastructures, including the broadcast equipment and system on the existing premises of Angkasapuri covering an area of approximately 63,613 square metres or 15.72 acres.
WCT 3Q earnings up more than three times
Revenue came in at RM371.8 million, a 21.1% decline from RM471.11 million in 3QFY14, mainly due to lower contribution from its construction segment.
Eversendai bullish on India and Doha, bags RM316 mil worth of contracts
Eversendai has also bagged a contract for the structural steel works of the Statue of Unity in Gujarat, India — a tribute to Sardar Vallabhbhai Patel — a visionary leader and statesman hailed as the Iron Man of India.
Malton's 1Q net profit plunges 71.34% on higher project overheads
The lower earnings were attributable to higher initial overheads for new projects to be launched and recognition of higher profits arising from the disposal of certain parcels of land in the previous corresponding quarter.
Encorp ties up with Aussie firm for A$75.41 mil project
Encorp said its unit Encorp Development Pty Ltd has entered into a development and management agreement with Tew Investments Pty Ltd to develop a piece of freehold land in Perth, Australia, without disclosing the size of the land.
Zecon invites Unimas to acquire 20% stake in SPV
Zecon said it intends to participate in the Unimas health metropolis project.
Damansara Realty says bidding for PPA1M jobs in reply to UMA query
The property developer told the regulator it is not aware of any corporate development relating to the group’s business and affairs, nor any rumour or report concerning its business, that may account for the UMA including those in the state of negotiation/discussion.
Sanichi active, up 17.65% as management upbeat on property division
Sanichi's managing director Datuk Seri Dr Jacky Pang Chow Huat said the group is unperturbed by the current property slowdown and remained sanguine on its upcoming launch of its maiden property development project in Klebang, Melaka.
