NCT Alliance posts RM7m net profit in 1Q
NCT Alliance Bhd posted a net profit of RM7 million for its first quarter ended March 31, 2023.
Kumpulan Kitacon bags RM80 mil construction contract in Hulu Langat
Kumpulan Kitacon Bhd via its wholly-owned subsidiary Kitacon Sdn Bhd has accepted a letter of award (LOA) for main buildings and associated works from Boustead Balau Sdn Bhd, a subsidiary of Boustead Holdings Bhd.
Top Builders share trade suspension continues; fails to submit quarterly report
Trading suspension of Top Builders Capital Bhd will continue until further notice, as the group failed to file its quarterly report for the financial period ended March 31, 2023, with Bursa Securities by the May 31 deadline.
Ekovest's 3Q net loss doubles on higher interest, tax expenses
Ekovest Bhd’s net loss doubled to RM15.86 million in the third quarter ended March 31, 2023 (3QFY2023) from RM7.96 million a year ago, despite improved revenue, as interest expenses rose while it booked a deferred tax expense of RM38.72 milion.
Two directors resign from YNH Property
YNH Property Bhd independent and non-executive directors Ching Nye Mi @ Chieng Ngie Chay, 75, and Ding Ming Hea, 59, have resigned from the property developer’s board, effective May 31.
Star Media rises 9% after related party deal with Matang snubbed by minorities
Shares of Star Media Group Bhd jumped as much as 9.5% in the evening session, after minority shareholders voted against a proposal to sell an industrial land, upon which factory buildings will be built, to Matang Bhd in a share and cash deal.
E&O's 4Q net profit dives 80% on-year on higher expenses
Eastern & Oriental Bhd’s net profit plunged 79.64% to RM16.09 million in the fourth quarter ended March 31, 2023 (4QFY2023), from RM79.02 million a year ago, amid a sharp increase of other expenses at RM120.51 million, from RM23.63 million a year before.
168 Park Selayang's Block A achieves 80% take-up rate; to launch Block B in 3Q2023
168 Park Selayang Sdn Bhd’s leasehold mixed development 168 Park Selayang located in Jalan Kuching, Kuala Lumpur, has achieved an 80% take-up rate for its Block A, since March 1, 2023.
Econpile bags project worth US$9.5m in Cambodia
Econpile Holdings Bhd has received a letter of acceptance worth US$9.5 million (RM43.77 million) for a project in Cambodia.
Star Media minority shareholders reject related party deal with Matang
Star Media Group Bhd shareholders have voted to reject its proposal to sell properties, consisting of factories and a warehouse in Shah Alam, to its sister company Matang Bhd for RM33 million in a share and cash deal.
