Kimlun a good proxy to booming local construction sector
Kimlun expects job wins over the remainder of FY16 and FY17 to come largely from affordable high-rise residential developments.
Kimlun expects job wins over the remainder of FY16 and FY17 to come largely from affordable high-rise residential developments.
It inked an agreement to effect the partnership with Pristine Primavera Sdn Bhd yesterday, its bourse filing showed.
Revenue rose 19% to RM421.25 million from RM353.06 million, it said in a filing today.
Meanwhile, revenue for the quarter was up by 47.36% to RM551.22 million, compared with RM374.06 million in the previous corresponding quarter (3QFY15).
Revenue, however, slipped 5% to RM2.02 billion from RM2.12 billion previously.
Revenue fell 1.2% to RM271.2 million from RM274.6 million, OSK Holdings said in a bourse filing today.
In a statement today, the tourism and cultural property developer said it had received an overwhelming demand for the private placement.
The incident occurred at around 3.30pm
Lee: We have made very good progress. We are almost there, and I hope that when I meet Prime Minister Najib [Najib Tun Razak] at the next retreat, we will be able to sign the agreement.
It said the proposed acquisition enables it to gain full control of the future business direction of Sentul Raya.