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Sunway REIT’s 3Q NPI up 16.2%, declares 2.37 sen DPU

Sunway REIT said retail and hotel segments were its main contributors in 9MFY16, further supported by new income contribution from Sunway Putra Mall following its reopening in May 2015, and Sunway Hotel Georgetown and Wisma Sunway, which were acquired in January 2015 and March 2015 respectively.

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Gamuda’s 2Q profit falls 12% to RM160.11m

Gamuda Bhd, which is involved in construction and property as well as water concessions, saw a 12% drop in net profit in its second financial quarter ended Jan 31, 2016 (2QFY16) to RM160.11 million, from RM182.18 million a year ago.

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