Vizione to acquire construction company for RM280 mil
Following the acquisition, the group will continue to tender for more construction projects.
Following the acquisition, the group will continue to tender for more construction projects.
For the cumulative first half, the group’s net profit grew 19% to RM304.86 million from RM256.46 million.
Reclamation of Seri Tanjung Pinang phase 2A (STP2A) is progressing well, with more than 75% of the island being reclaimed above the 2m chart datum level.
OSK said performance of the property development division will continue to be driven by sales and progress billings from the existing projects and new projects to be launched in Malaysia and Australia.
Najib said through this project, the government has implemented various river rebuilding initiatives such as upgrading of sewerage systems, adding garbage traps along the river and introducing an interceptor system.
Matrix Concepts told Bursa Malaysia today that higher selling and marketing expenses and finance cost also curbed profit growth.
The Forbes Asia’s Fabulous 50 list gathers the best publicly-traded big companies across the Asia-Pacific region.
Jaks said its wholly-owned unit Premier Place Property Sdn Bhd had signed a sale and purchase agreement with Sunway's unit Sunway Supply Chain Enterprise Sdn Bhd on July 31, 2017 to dispose of four parcels of freehold land totalling approximately 5.988 ha.
Its property development segment’s profit also halved to RM2.46 million as top line shrank 46% to RM14.01 million.
IOI Properties said the dividend's ex and payment dates fall on Aug 28 and Sept 8 this year.