GenM posted RM11.38 million net profit or earnings per share of 0.2 sen compared with RM289.25 million net loss or loss per share of 5.12 sen in the same period a year ago.
The first contract is for the construction of a new chip assembly and testing facility with a value of RM341.39 million, while the second contract is for the construction of a 45-storey Maritime Signature commercial tower located at Karpal Singh Drive in Georgetown, valued at RM80.79 million.
This is the 11th consecutive quarter of loss for the group since 3QFY20.
Hana Residences is slated for completion in the third quarter of 2025 and has a total gross development value of RM403 million.
This is the REIT's second cash call in less than a year after it completed a private placement on Dec 20, 2021, which raised gross proceeds of RM334.72 million.
This was mainly attributable to higher contribution from the property development division and lower loss incurred by the hospitality division.
The kitchen cabinet manufacturer said the entitlement date will be determined later.
Shares in Signature International surged as much as 36 sen or 13.7% to RM2.98, while Chin Hin climbed to an intraday high of RM3.39, up 24 sen or 7.6%.
The award is given to NGOs that have demonstrated excellent track records in occupational safety and health management.
The land is three kilometres away from Phase 4 of the KHTP and will therefore be converted into industrial or residential status from its current agricultural status.
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