IGB Corp's 4Q net profit jumps 97% on better unit performances, one-off gain
On better performances from the property investment-retail and hotel divisions.
On better performances from the property investment-retail and hotel divisions.
MCT's public shareholding spread stood at 24.65%.
Shah Alam 1 as well as Sunway Clio Property targeted to be completed in the first quarter of the calendar year.
The review could take six to nine months, said Anzo.
With the shareholders' approval, MBSB will be acquiring AFB for RM644.95 million.
Kenanga IB deems the takeover bid by Regent Wise Investments as "not fair and not reasonable".
Group earnings were dragged down slightly by higher operating costs in management services.
The project was awarded to its unit Crest Builder Sdn Bhd by Perdana ParkCity Sdn Bhd, the group reported in a stock exchange filing.
LBS Bina Bhd, which owns 55% of MGB, had said in a media briefing that MGB would be diversifying into property development to enhance its profits.