Eco World Development Group Bhd (EcoWorld), which posted a net profit of RM13.8 million in the third financial quarter ended July 31, 2020 (3QFY20), has secured total sales of RM1.25 billion in the four months after Movement Control Order (MCO).
Eco World International Bhd reported a net profit of RM37.63 million in the third quarter ended July 31, 2020 (3QFY20) amid sharply higher revenue of RM615.44 million compared with RM224,000 a year ago.
For the first half FY20, Genting posted a cumulative net loss of RM918.37 million against a net profit of RM1.16 billion a year ago.
"Management shared that during CMCO/RMCO, footfalls and tenants sales growth in their malls has shown some encouraging recovery signs, although their renewal has been hampered with negative double digit rental reversion.”
The Gemas-Johor Bahru double-tracking project involves the construction of 197km of double tracks, stations, electric trains, depots, land viaduct, bridges, and electrification and signalling systems.
In a filing with Bursa Malaysia, the company said its unit — BMSB has received a letter of award from Melati Ehsan (M) Sdn Bhd (MEMSB) on the appointment of it to be the main contractor for project.
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