EcoFirst logs higher 2Q revenue but net loss widens as finance costs jump
The property developer has been loss-making since 1QFY2022.
UEM Edgenta drops winding-up petition against Ahmad Zaki Resources’ unit
... after the pair mutually agreed that AZSB would settle an RM11.05 million outstanding sum by way of 11 monthly instalments.
Main Market-listed Kitacon says no impact from property overhang issue, rises 46% on debut
This is despite some investment analysts seeing an increase in the overhang of both residential and commercial properties, although the home price index has begun to soften in 2022.
K Seng Seng’s MD steps down, Keh Chuan Seng named as new executive chairman
The 61-year-old was redesignated as MD in May 2019, two months after the demise of his elder brother Koh Seng Kar @ Koh Hai Siew, who founded the group in the 1980s.
Prominent figure Azlan Zainol passes away, aged 72
Malaysia Building Society Bhd (MBSB) said its chairman Tan Sri Azlan Zainol, who was also former Employees Provident Fund (EPF) chief executive officer, has passed away.
Perak Corp gets new CEO after Zainal Iskandar left nearly four months ago
The new CEO, Rosmin Mohamed, was previously employed by the group's substantial shareholder Sime Darby Property Bhd.
GDB to resume work on 8 Conlay after receiving partial payment from KSK Land unit
The project was previously delayed as GDB suspended work due to payment issues.
Henry Butcher Malaysia: Local residential market will not be much impacted in 2023
The property consultant firm reckons that the residential property market is expected to face some headwinds and challenging conditions in 2023.
Radium Development gets SC's nod to list on Main Market
Radium said that since 2013, it has delivered high-rise residential projects worth RM1.49 billion in GDV, all strategically located within Kuala Lumpur.
Classita proposes five-for-two rights issue with free warrants to raise RM30m-RM96.5m
The corporate exercise will involve issuance of up to 965.4 million rights shares and up to 579.24 million warrants, whose exercise price is fixed at 20 sen each.
