Tropicana says 4Q net profit down 83% on absence of land disposals, closes FY21 in the red
In 4QFY20, the group benefited from the disposal of two parcels of land in Johor Baru for a combined RM157.4 million.
Lagenda Properties 4Q net profit up 21.4% to RM56m, declares 3.5 sen dividend
This is despite revenue for the quarter slipping 7.88% to RM251.11 million from RM272.59 million in 4QFY20, according to the property developer’s filing on Tuesday (Feb 22).
Chin Hin Group Property to diversify into water infrastructure construction works
The group said the acquisition, which is expected to be completed by the second quarter of 2022, will enable it to diversify and tap into the water infrastructure construction works, which it noted are complementary to its existing property development business and CHCSB's construction business.
Berjaya Assets 2Q net loss narrows on lower impairment of receivables
Quarterly revenue slipped 5.83% to RM41.38 million, from RM43.95 million a year earlier, primarily due to lower contributions from the group's gaming and property investment business segments.
UEM Sunrise issues RM50m sukuk
In a filing, the group said the new ICPs have a tenure of nine months and will mature on Nov 15, 2022, while the new IMTNs have a tenure of three years and will mature on Feb 14, 2025.
Colony inks co-working space deal to house Carsome’s expanded HQ
The office space to house Carsome’s expanded headquarters will be built and managed by Colony, said the coworking space provider, adding that Carsome has been one of its anchor tenants in Colony@Mutiara Damansara since 2019.
At sneak peek, Genting Malaysia says RM3.2b Genting SkyWorlds to be opened in Feb 2022
Public Investment Bank Bhd analyst Eltricia Foong, who attended Genting SkyWorlds' sneak peek, wrote in a note on Friday that "after multiple delays” due to Covid-19 pandemic-driven disruptions, "the wait is almost over" as the theme park is finally scheduled to open its doors to the public in February 2022.
Taman Rimba Kiara appeal: Federal Court fixes Jan 19 for TTDI residents' motion to adduce fresh evidence
The appellants, developer Memang Perkasa Sdn Bhd (a subsidiary of Malton Bhd), Kuala Lumpur City Hall (DBKL), Yayasan Wilayah Persekutuan (YWP), as well as Bukit Kiara longhouse residents, are appealing at the Federal Court to reinstate the proposed Taman Rimba Kiara project’s development order.
Malaysia's October 2021 inflation at 2.9% year-on-year — DOSM
... on factors including rising fuel prices and discontinuation of electricity bill discounts by the government.
i-Serve Online Mall requests BNM to clarify 'factually incorrect' press statement on joint action enforcement
BNM announced that the action taken against the company and its affiliates had led to the freezing of 45 bank accounts in seven banks and the seizure of RM118.7 million in cash.
