News by THEEDGEMARKETS.COM

In a filing with the bourse, PMB said SOGDC — a company owned by the state of Sabah — owns and manages SOGIP, which is in the process of being developed into an industrial park dedicated for oil and gas (O&G) activities

Both parties agree to establish linkage and co-operation to maximise the utilisation of their resources through mutual cooperation and sharing of expertise in education, training and promotion to raise the profile and recognition of professional management in construction and projects for the benefit of the industry, its clients and society at large.

A total of 180,702 units remained unsold in the third quarter of 2021, compared with 181,463 in the second quarter, BNM noted in its Financial Stability Review for the second half of 2021.

In its Financial Stability Review for the second half of 2021 report published on Wednesday (March 30), the central bank said on an annual basis, the growth in housing loans taken by owner-occupiers continued to outstrip that by household investors. 

Organised by FIABCI Malaysia, the Malaysia Property Awards 2021 award presentation ceremony cum gala dinner was graced by Penang’s eighth Yang di-Pertua Negeri Tun Datuk Seri Utama Ahmad Fuzi Abdul Razak and his wife Toh Puan Datuk Seri Utama Khadijah Mohd Nor.

The group said net profit dropped 32.54% to RM8.12 million from RM12.04 million in 3QFY21, as revenue fell 17.82% to RM81.67 million from RM99.39 million.

According to the Bond and Sukuk Information Exchange (BIX) website, the IMTN will pay a semi-annual coupon rate of 3.48%, with the first coupon payment date targeted for Sept 29, 2022, while the last coupon payment date will be March 29, 2027.

According to a press statement on Tuesday (March 29), Phase 2 has a gross development value of RM107 million. It consists of 118 double-storey cluster homes and semidee homes with built-ups starting from 2,608 sq ft and priced from RM763,000. The development is expected to be completed in the first quarter of 2025 (1Q2025).

Earnings per share climbed to 0.12 sen from a net loss per share of 0.05 sen, according to the group's bourse filing on Monday (March 28).

“The Board of Directors of Malton wishes to announce that the validity period of the MoU, which was in force for a period of 12 months, has expired on March 25, 2022,” said Malton in a bourse filing.