WCT 1Q net profit up 17% on higher construction billings
The property development and the property investment and management segments contributed 10% and 7% respectively to the group's revenue.
The property development and the property investment and management segments contributed 10% and 7% respectively to the group's revenue.
“The property development and property investment business segment reported lower revenue due to lower occupancy rates and lower jetty income."
SunCon said its ongoing project remains on track.
"The divestment plan will enable Enra to monetise its investment in LZSB..."
In a filling to Bursa Malaysia, SunREIT said Sin, 43, replaces Wai Sow Fun, who will assume a new role within the Sunway Group.
On the REIT's prospect, manager Sunway REIT Management Sdn Bhd said it is committed to distribute 100% of its distributable net income for FY18.
Will continue to strengthen the REIT’s performance by improving customers’ and shoppers’ experience in both Mid Valley Megamall and The Gardens Mall.
The development is a new residential enclave covering a commercial and five residential projects on a 30.56-acre land in Nilai.
The 36-month job is targeted to start on April 23 this year, to be completed by April 22, 2021.