News by M

Sime Darby said its wholly-owned subsidiary Sime Darby Property Bhd inked the share sale agreement with PNB's unit PNB Development Sdn Bhd.

Kerjaya Prospek also announced today that its 70%-owned subsidiary Future Rock Sdn Bhd has accepted a letter of award from China Communications Construction Company (M) Sdn Bhd for a sub-construction job in Penang worth RM45.95 million.

BGMC provides a wide range of construction services and capable of undertaking public-private partnership projects based on the build, lease, maintain and transfermodel...

The special audit, which is being carried out by Ferrier Hodgson MH Sdn Bhd who was appointed on May 2, was initially supposed to be completed in two months.

The higher quantum of step down compared with dividend projections could further enhance valuation of the warrants.

MACC investigation director Datuk Simi Abd Ghani confirmed the arrest...

There were applicants who exceeded the qualification for getting the houses while those who were qualified were still waiting for their homes…

Karambunai said in the Bursa filing that it has started the process of addressing the material uncertainty, whereby the financial performance of Nexus Resort & Spa Karambunai, the group's principal operating unit, has started showing positive results and generating positive operating cash flow.

Currently, WMG has a total undeveloped land bank of approximately 620 acres, of which 442 acres are in Sandakan and the remaining 178 acres are in Kota Kinabalu. 

The group nearly quadrupled its net profit to RM70.31 million in FY17 from RM17.69 million in FY16, mainly due to higher property sales.