Improved property, pharmaceutical segments push Kobay’s 1Q earnings 8.2% higher
For the property development division, Kobay expects positive performance in FY23, on the back of completion of its maiden Langkawi projects by year-end.
Hektar REIT 3Q net property income up 77% on improved revenue, NPI margin
Hektar Real Estate Investment Trust (Hektar REIT)’s third quarter net property income (NPI) rose 77.2% to RM18.31 million from RM10.34 million a year earlier, mainly due to higher revenue recognition and improved NPI margin, besides reversal of impairment losses of trade receivables.
Tropicana Corp launches Hana Residences @ Tropicana Aman
Hana Residences is slated for completion in the third quarter of 2025 and has a total gross development value of RM403 million.
Second cash call by Axis REIT in less than a year to repay bank financing
This is the REIT's second cash call in less than a year after it completed a private placement on Dec 20, 2021, which raised gross proceeds of RM334.72 million.
GuocoLand swings back to the black in 1Q
This was mainly attributable to higher contribution from the property development division and lower loss incurred by the hospitality division.
Signature International proposes one-for-one bonus issue
The kitchen cabinet manufacturer said the entitlement date will be determined later.
Chiau family-controlled Signature International, Chin Hin among top gainers on Bursa
Shares in Signature International surged as much as 36 sen or 13.7% to RM2.98, while Chin Hin climbed to an intraday high of RM3.39, up 24 sen or 7.6%.
MBAM bags National Occupational Safety and Health Award
The award is given to NGOs that have demonstrated excellent track records in occupational safety and health management.
Impiana Hotels gets winding up petition over unpaid sum relating to resort redevelopment
Impiana Hotels Bhd’s wholly-owned subsidiary Impiana Cherating Sdn Bhd has been served a winding up petition by Axventure Sdn Bhd over an unpaid amount relating to the redevelopment of a resort.
KLCCP Stapled's 3Q net profit jumps 30%, declares eight sen dividend
KLCCP Stapled Group reported a 30.43% rise in net profit to RM176.59 million for the third quarter ended Sept 30, 2022 (3QFY22), from RM135.39 million a year earlier, on the back of improved performances across all business segments.
