Tropicana Corp Bhd more than doubled its net profit to RM32.52 million or 2.27 sen a share in the first quarter ended March 31, 2017 (1QFY17) from RM15.17 million or 1.05 sen a share a year ago.
Zelan Bhd is still recovering from the pain of the aborted development of the US$250 million (RM1.06 billion) Meena Plaza in Abu Dhabi, United Arab Emirates, in 2015.
今年吉隆坡市中心与周遭地区的办公楼新供应，即将高达472万平方尺。进入明年，供应再增600萬平方尺。
Mitrajaya Holdings Bhd’s net profit jumped 55% to RM28.74 million for the first quarter ended March 31, 2017 (1QFY17), from RM18.46 million in 1QFY16, helped by a compulsory land acquisition.
Econpile Holdings Bhd posted a record net profit for the third financial quarter ended March 31, 2017 (3QFY17), on higher billings recorded coupled with increased overall project order book secured.
Better cost management has helped lift Titijaya Land Bhd’s net profit by 26.77% to RM19.23 million for its third quarter ended March 31, 2017 (3QFY17), from RM15.17 million a year earlier.
Mah Sing Group Bhd has entered into an agreement with LTS Properties (M) Sdn Bhd, TS Law Corp Sdn Bhd and Law Wai Cheong for the purchase of a 78% equity stake in Cosmowealth Housing Development Sdn Bhd for RM54.96 million, which will be paid over a period of six years.
Eversendai Corporation Bhd rose 1.02% in early trade today after Kenanga IB Research maintained its “Underperform”rating on the stock with a higher target price of 77 sen (from 49 sen) sen and said the company’s 1Q17 beat house expectations given Kenanga’s overly conservative margins for its projects in Middle East, India and Malaysia.
Going forward, OSK said its property development division would continue to drive sales in Malaysia and Australia, while the property investment business would contribute steady rental income despite the challenging retail market.
The only property app you need. More than 200,000 sale/rent listings and daily property news.
