Tambun Indah Land’s 4Q earnings, revenue halved on lower property sales and fewer new projects
The group's earnings per share also declined to 2.76 sen from 6.56 sen in 4QFY2021.
Higher profit from associates boosts Guocoland Malaysia profit in 2Q
Net profit jumped to RM8.53 million for 2QFY2023 from RM3.76 million a year ago, despite a 27% drop in revenue to RM76.88 million from RM105.55 million.
PNB’s unit sells land to Lagenda Properties for RM398m cash
Lagenda said the acquisition is part of the group’s land banking strategies, targeting strategic locations nationwide to expand its affordable property development footprint and market presence.
Muhibbah secures RM173m construction award from Penang Development Corp
This is the third contract award secured by Muhibbah in the last three months.
Malaysia's economic growth to slow significantly in 2023, says Fitch Solutions
The firm said the latest data showed that growth already slowed to 7.0% year-on-year (y-o-y) in the fourth quarter of 2022 (4Q2022), from 14.2% in the previous quarter, and the slowdown was broad-based.
Moody’s revises Genting and subsidiaries’ outlook to ‘stable’ amid continued recovery in leisure and hospitality biz
The rating agency has also made similar revisions to the outlook of Genting's wholly owned subsidiaries Genting Overseas Holdings Ltd (GOHL) and Genting Singapore Ltd (GENS).
Signature International co-founder steps down as CEO
“Tan stays on as adviser following his resignation as group CEO to provide guidance to support the continued growth of Signature International.”
Ageson denies allegation about its executive director, claims it is 'malicious'
Ageson added that Chin denied his involvement and believed that the allegation was targeted at him personally.
Matang buys property assets from Star Media for RM33 mil
Matang Bhd is buying property assets from Star Media Group Bhd for RM33 million as part of its plan to diversify its business into property investment.
Bina Darulaman secures RM34 mil contract from agriculture ministry
Bina Darulaman Bhd, through its unit BDB Infra Sdn Bhd, has been awarded a RM34.08 million contract by the Ministry of Agriculture and Food Security to develop a tertiary irrigation system in Kedah and Perlis.
