SCH Group Bhd registered third quarter of financial year 2016 (3QFY16) net profit of RM700,000, soaring six-fold quarter-on-quarter (q-o-q), but down 66.7% year-on-year (y-o-y). Its nine months of FY16 (9MFY16) results with net earnings of RM2 million, down 72.2% y-o-y, were below our estimates, accounting for 37% of our FY16 forecast.

After a quiet start to the year, launch activities picked up greatly in 2QFY16.

Meanwhile, the Mid Valley Southkey Megamall in Johor is on track to meet its target completion by end-2018.

WCT has an external outstanding order book of RM4.1 billion, with an earnings visibility of two to three years.

KKB’s 70% share of the contract amounts to approximately RM900 million.

There are still many details of the KL-Singapore high-speed rail project that need ironing out before the bilateral agreement is signed at the end of the year. But the memorandum of understanding signed last week shows that both the Malaysian and Singapore governments are now on the same page and more committed than ever to the project.

OCR Land Holdings Sdn Bhd, formerly Ong Chong Realty Sdn Bhd, has been a low-key developer since its establishment almost 27 years ago. It hardly made news until it emerged in 2014 as a substantial shareholder in the then loss-making Takaso Resources Bhd — public-listed manufacturer and exporter of rubber and baby products.

Aside from the upcoming REIT listing of its warehousing assets, the management also has several business expansion plans on the cards to create more value for its shareholders.

The Malaysian Institute of Architects’ (PAM) new headquarters in Jalan Tandok, Bangsar, called PAM Centre, exudes a minimalist feel. With its façade covered in dark aluminium screen, the 7-storey building features concrete slabs, exposed pipes and raw brick walls, bearing a resemblance to modern industrial offices in Brooklyn, New York.

Gadang Holdings Bhd posted top line of RM248.9 million and bottom line of RM30.5 million in the fourth quarter of financial year 2016 (4QFY16), in which revenue surged 41.5% quarter-on-quarter (q-o-q) and 46.6% year-on-year (y-o-y), while net profit jumped 21.5% q-o-q and 20.1% y-o-y.