Sime Darby said the proceeds from the placement will improve the group's liquidity through the repayment of a substantial portion of the group's borrowings, which will result in interest savings.
Group attributed the significant increase in revenue and profitability for the year to its overseas development projects in Xiamen, China, and Singapore...
TRIplc had announced on Sep 21 last year that its wholly-owned subsidiary Zuriat Watan Sdn Bhd had received a confirmation of acceptance from Worldwide for the land disposal at a price of RM140.15 million.
Total GDV of group’s ongoing projects stands at RM823
CIMB Research said KLK's core net profit, which rose 20% thanks to higher manufacturing earnings and lower tax rates, was broadly in line with expectations, at 70% of the firm's full-year forecast and 72% of the consensus number.
UOB said the hugely popular augmented reality game, which was launched in Malaysia on Aug 6, has created higher footfall in malls.
The Edge Financial Daily reported today, quoting sources, that IGB Corp has found a buyer for its 910-room Renaissance Kuala Lumpur hotel.
Malaysia's Genting Group and Pavilion Group are partnering with Vietnam-based property developer Van Thinh Phat Group Corp to develop the US$6 billion (about RM24 billion) Saigon Peninsula mixed project in Ho Chi Minh City, Vietnam.
In terms of what is offered and what prospective buyers can afford
But only 21% of housing launches in the country were priced below RM250,000 in 2014.
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