Higher contributions from operating segments lift IGB’s 1Q net profit by 31%
Its quarterly revenue grew 37.43% year-on-year to RM396.06 million from RM288.19 million.
KLCCP Stapled posts higher 1Q net profit, declares 8.5 sen dividend
... on improved performance across all business segments, particularly retail, hotel and management services.
IOI Properties posts 93% rise in 3Q net profit on lower taxation
IOI Properties Group Bhd posted a 93.2% year-on-year jump in its third quarterly net profit ended March 31, 2023 (3QFY2023) to RM115.38 million from RM59.72 million on lower taxation.
Kerjaya Prospek Group reports higher net profit of RM29.4m in 1QFY2023; declares two sen dividend
Kerjaya Prospek Group Bhd reported RM29.41 million net profit for the first quarter ended March 31, 2023 (1QFY2023), a slight increase from RM28.86 million a year earlier.
Main-Market-bound Radium Development says public tranche of IPO portion fully subscribed
Property developer Radium Development Bhd said the public tranche of 273 million shares for its initial public offering (IPO) made available for the Malaysian public has been fully subscribed.
UPDATED: YNH Property sells land in Desa Seri Hartamas to Sunway Group for RM170m cash
There will also be an additional sum of RM50 million deposited by the buyer within three months of completion of the conditions of the agreement.
TA Securities values Main Market-bound Radium Development at 51 sen, implying 17.1 times price-earnings
TA Securities Research has valued Main-Market bound Radium Development Bhd at 51 sen per share, implying a financial year ended Dec 31, 2021 (FY2021) price-earnings ratio (PER) of 17.1 times, due to strong demand for affordable housing in the capital.
Auditors raise doubts over Eversendai’s ability to continue as a going concern
Eversendai Corp Bhd said its independent auditors have raised concerns about the loss-making construction firm’s ability to operate as a going concern in its audited financial statements for the year ended Dec 31, 2022 (FY2022).
Mulpha International’s Australian unit secures A$160m green syndicated construction facility
Mulpha International Bhd has secured a A$160 million (RM478 million) green syndicated construction facility in Australia.
Zelan slips into PN17 status after external auditors express disclaimer of opinion
The construction engineering company has 12 months to regularise its financial condition, failing which trading in its securities could be suspended and it could be delisted from Bursa Malaysia.
