News by M

"Gamuda Bhd remains our top big-cap rail pick for its exposure to both rail underground civil works and PDP scopes.”

Lot 15 comprises two 20-storey serviced apartment blocks with a total of 361 homes and three levels of retail units. The project has a GDV of RM269.2 million.

Yesterday, L&G said 1HFY18 net profit also more than doubled to RM49.29 million, from RM20.56 million a year earlier.

Company did not disclose the reason for the postponement.

The Urban Wellbeing, Housing and Local Government Ministry is ready to look into the issue of excessive property stock, especially unsold residential units, with various parties to resolve the problem.

Quarterly revenue, however, slid 4% y-o-y to RM125.12 million from RM130.04 million.

Moving forward, the focus is to ramp up local sales with launches in the group flagship townships.

The diversification is not a prelude to an RTO by Consortium Zenith, says chairman.

On the back of commendable bookings received for Residensi Solaris Parq, as well as for Dahlia at Serene Heights Bangi…

“We are not sure if it would affect projects with our joint-venture partners."