Disposal gains boosts Cahya Mata's 4Q earnings
The stronger earnings performance was lifted by recognition of gain on disposal of associates of RM89.02 million, as well as higher revenue incurred for the quarter.
The stronger earnings performance was lifted by recognition of gain on disposal of associates of RM89.02 million, as well as higher revenue incurred for the quarter.
Quarterly revenue also surged to RM101.5 million, from RM47.44 million previously.
Earnings per share rose to 5.88 sen from 4.77 sen in 4QFY2021.
Nga said the rates that can be charged for such entities in Malaysia are now one of the lowest in the region.
Under the MOU, MBAM and CCIWC will work together to advise both members on reducing legal disputes by using mediation as a better alternative to resolve construction disputes.
... in its bid to attract more international investment and tourists to the country.
Earnings per share climbed to 1.38 sen from 1.25 sen previously.
The freehold commercial land development will take up a land area of approximately three acres and the gross development value of the project is estimated at RM3 billion.
Prime Minister Datuk Seri Anwar Ibrahim said his administration is reviewing the Mass Rapid Transit 3 (MRT3) project, and is confident of achieving further savings and bringing down the price tag to under RM45 billion, from RM50 billion announced by the previous government.
The country faces five core challenges in its domestic economy — a debt level that is too high, a decline in quality of administration, global economic uncertainties, a slow recovery in investments to pre-pandemic levels, and the impact of economic challenges on the rakyat — said Prime Minister Datuk Seri Anwar Ibrahim.