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Its quarterly revenue was up marginally by 1.6% to RM149.32 million from RM146.93 million, mainly contributed by its construction segment, which generated RM102.9 million.

Kimlun has an estimated construction and manufacturing balance order book of approximately RM1.67 billion and RM260 million respectively as at Dec 31, 2016.

Worry-free retirement is something many people look forward to. However, with the rising cost of living, is it possible for a senior citizen to be entirely financially independent during his or her twilight years?

Known as The Shore, Titijaya said in a statement the project will be developed as the new waterfront premium class hub, with luxurious mixed-use units docked within a prime waterfront enclave.

The proposed development on the land would enhance its future revenue and earnings profits based on the land's value and its surrounding development.

On completion of the distribution, the shareholders will directly hold shares in Sime Darby Plantation and Sime Darby Property in the same proportion as their shareholdings in Sime Darby.

The construction and property development firm's net profit rose to RM26.22 million from RM4.76 million in 4QFY2015, while revenue swelled by more than 11 times at RM235.49 million from RM18.6 million.

Trio comprises three towers of serviced apartments, 42 units of commercial and a retail podium, with a gross development value of RM571 million.

The strong performance was contributed mainly by the property segment, of which revenue jumped 118% y-o-y to RM401.3 million, while operating profit surged 353% y-o-y to RM107.2 million. No dividend was declared for the quarter.

The group said it posted a higher profit before taxation from its continuing operations of RM20.88 million in 3QFY2017, versus a PBT of RM10.23 million a year ago.