OSK 2Q net profit rise 3% as property segment shows improvement
On a quarter-on-quarter basis, OSK’s net profit rose 23.14% from RM86.27 million in 1QFY22, as revenue improved by 9.2% from RM306.46 million.
AME Elite 1Q net profit down 15.65% on finance cost
AME Elite Consortium Bhd's net profit for the first quarter ended June 30, 2022 (1QFY23) fell 15.65% to RM6.09 million from RM7.21 million in the same period last year mainly due to a finance cost of RM2.68 million, resulting from the unwinding of a discount on deferred land purchase considerations.
Tropicana 2Q net loss widens on lower progress billings across key projects in KL, southern region
Tropicana Corp Bhd's net loss for the second quarter ended June 30, 2022 (2QFY22) widened to RM61.55 million from RM25.05 million a year ago, due to lower progress billings across key projects in the Klang Valley and southern region as most of its projects were in the early to mid stages of construction.
Swift Haulage to dispose of industrial state lease land in Klang for RM38.36 mil
Swift Haulage Bhd has announced that it is disposing of a 4.816-hectare piece of land in Klang, Selangor for RM38.36 million.
Sentoria’s lease agreements allegedly terminated by LADA, company taking legal advice
Sentoria Group Bhd said it is taking legal advice on the purported termination of the lease agreements for 120 acres of Malay reserve land in Langkawi by Lembaga Pembangunan Langkawi (LADA).
Kejuruteraan Asastera secures LOI for RM16.7m subcontract works at Bon Kiara condominium
Kejuruteraan Asastera Bhd on Thursday (Aug 11) secured a letter of intent (LOI) for a RM16.7 million subcontract to undertake electrical services installation works for the proposed 44-storey Bon Kiara condominium project in Mont’Kiara here.
More than 13,000 applications worth RM1.5b under Housing Credit Guarantee Scheme approved since 2008
A total of 13,038 applications worth RM1.5 billion have been approved under the Housing Credit Guarantee Scheme from its launch in 2008 until May 31 this year, said Deputy Finance Minister I Datuk Mohd Shahar Abdullah.
Messrs Mazars PLT appointed as Gabungan AQRS’ new auditor
Messrs Mazars PLT has been appointed as the new external auditor of Gabungan AQRS Bhd with effect from Aug 11.
Lagenda Properties to acquire 422-acre land in Perak for RM92m cash
): Lagenda Properties Bhd on Tuesday (Aug 9) announced it is acquiring a 422-acre land in Perak for RM92.4 million cash.
MRT3 seen to carry 180,300 passengers per day upon completion, up to 1.01m by 2060, says Wee
The Mass Rapid Transit 3 (MRT3), also known as the Circle Line, is expected to carry 180,300 passengers per day when it is completed, said Transport Minister Datuk Seri Dr Wee Ka Siong.
