Landmarks' unit defaults on RM133 mil financing facility
Landmarks Bhd, a 21.7% associate of Genting Bhd, said its wholly owned subsidiary has defaulted in its repayment on financing facilities totalling RM133.37 million.
Chin Hin’s 4Q net profit up 77% on higher share of results from JVs
Earnings per share climbed to 1.38 sen from 1.25 sen previously.
Top Builders says it won't be able to submit 1Q results on time
Top Builders Capital Bhd said it is unable submit its unaudited financial report for the first quarter ended Dec 31, 2022 (1QFY2023) by Feb 28, as required under the Main Market Listing Requirements.
Berjaya Land returns to the black in 2Q with RM84 mil net profit
Berjaya Land Bhd (BLand) returned to the black in the second quarter ended Dec 31, 2022 (2QFY2023) with a net profit of RM84.39 million, versus a net loss of RM23.93 million a yaer earlier, extending its profitability streak for the second consecutive quarter.
Sunway books RM203 mil net profit in 4Q, declares 3.5 sen dividend
Sunway Bhd posted a net profit of RM202.98 million for the fourth quarter ended Dec 31, 2022 (4QFY2022), with all business segments recording higher profits except construction, trading and manufacturing, and others segments.
Hektar REIT's 4Q NPI slips 19% on higher property operating expenses
Hektar Real Estate Investment Trust (Hektar REIT)’s net property income (NPI) for the fourth quarter ended Dec 31, 2022 (4QFY2022) declined 18.87% to RM10.04 million from RM12.38 million a year earlier, dragged by higher property operating expenses.
E&O sees rights issue, future sales supporting Phase 2 Andaman Island capex outlay
Eastern & Oriental Bhd (E&O)’s high borrowings is of minimal concern to the property developer, as the group sees its latest fundraising proposal and cash generated from sales supporting its next stage of growth.
MCT to pay RM58m for 1.57-acre land in Seputeh for residential project
The group has proposed to develop “Aetas Seputeh”, a residential development comprising two 38-storey blocks housing 126 units of luxury apartments.
Nexgram unit scraps RM62 mil land acquisition deal
ACE Market-listed Nexgram Holdings Bhd’s unit has terminated a deal with Melaka Corporation (MCorp) pertaining to the acquisition of a 10.031-hectare piece of land in the state for RM61.53 million cash.
Top Builders granted six-month extension till end-June to submit regularisation plan
The new deadline for the piling and engineering group to submit its regularisation plan to the Securities Commission Malaysia or Bursa Securities has been extended to June 29, 2023.
