News by M

EcoFirst said the IRB had raised additional income tax assessment amounting to RM30.71 million for its wholly-owned unit Pujian Development Sdn Bhd (PDSB) for assessment year 2004.

This is the best ever quarterly performance in its corporate history, said the company today.

“Both of the projects are expected to contribute positively to the future earnings of the group.”

The MRT2 line is expected to be fully operational by the second quarter of 2022. It consists of 37 stations, of which 11 are underground.

The asset and facilities management firm said the contract is an extension of its involvement in the commercial and healthcare segments.

“Companies with expertise in ticketing and fare collections are invited to attend the discussions to be held in Kuala Lumpur on Oct 9 and 10.”

As at end-July, Scientex said it had launched property projects worth RM616.9 million in gross development value, while unbilled sales stood at RM500 million.

More land-banking exercises are expected going forward.

CIMB Research maintains "hold" on EcoWorld.

The freehold serviced apartment project is targeting small families and young executives.