Al-Salam REIT and Al-A’qar Healthcare REIT appoint Salehuddin Hassan as their director
Salehuddin, 58, is also the treasurer of Johor Heritage Foundation.
BLand withdraws from RM3.05b mixed-development project in Myanmar
In a bourse filing, BLand said its 80%-owned subsidiary, BDS Smart City Co Ltd, has served a written notice on the Yangon Region Government (YRG) to terminate the concession agreement due to non-fulfilment of conditions. The agreement was signed on Feb 7, 2020.
Mah Sing 4Q profit climbs 49% on-year; proposes 2.65 sen dividend
Quarterly revenue rose 13.67% year-on-year (y-o-y) to RM537.42 million from RM472.78 million. The company proposed a first and final dividend of 2.65 sen per share, which is equivalent to a 4% dividend yield based on its closing price of 66 sen on Feb 24.
Matrix Concepts says 3Q profit up 16.7% q-o-q, pays 3.75 sen dividend
Quarterly revenue declined 26.1% to RM233.09 million from RM315.41 million mainly due to lower recognition from the group’s industrial and commercial product
LBS Bina set for an uptrend reversal, says RHB Retail Research
In a trading stocks note today, the research house said if the bullish momentum persists above that level, the stock may climb towards the next resistance level of 56 sen, followed by 59 sen.
NWP served with RM2.6m notice of demand over rental, service charge arrears
NWP Resources had defaulted on payment of outstanding rentals from October 2021 to February 2022, as well as service charges and default interest totaling RM2.6 million for the premise in Block A, Desa Commercial Centre, on Feb 8.
Uni Wall inks collaboration for Malaysia Vision Valley 2.0 project
The group, through its 80%-owned subsidiary NS Aero City Sdn Bhd, signed the MoC with Sun Solutino, which is principally involved in the generation of electricity by other sources (such as solar power and biofuels) with transmission, distribution and sale of electricity as its secondary activity.
Pavilion REIT 4Q net property income rises 21% y-o-y on lower operating expenses
In contrast, its quarterly revenue slipped 4.98% to RM124.28 million from RM130.79 million on a year-on-year (y-o-y) basis mainly due to lower occupancy rates because of non-renewal of expired tenancies and some tenants deferring their rent commencement dates.
Haily Group wins RM41m contract to build resort villas in Johor
In a bourse filing, Haily said its wholly-owned Haily Construction Sdn Bhd has accepted the letter of award for the new job from DP Architects Sdn Bhd on behalf of Country View Bhd's unit Country View Resources Sdn Bhd to build phase one of a tourist strata development located in Aurora Sentral, Pulai.
Guocoland returns to black in 2QFY22 on higher contributions from property development, lower hospitality division losses
The property development arm of the Hong Leong Group posted earnings per share of 0.56 sen compared with earnings per loss of 1.7 sen previously.
