KLK, Batu Kawan post lower 2Q earnings despite improved performance by plantation segment
KLK’s net profit fell 38.65% to RM117.07 million or 10.8 sen per share, from RM190.81 million or 17.70 sen per share a year earlier.
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Govt extends freeze on foreign worker applications, no new quota
The number of foreign workers in the country should not exceed 15% of the 17.1 million labour force projected by the Ministry of Economy.
Seri Pajam Development breaks ground on SPD Tech Valley in Negeri Sembilan
Seri Pajam Development Sdn Bhd held a groundbreaking ceremony for SPD Tech Valley, their first industrial development in Senawang, Negeri Sembilan on Monday. The development has a gross development value of RM3 billion.
Ehsan Bina Group partners Maybank Islamic to provide financing solution
Ehsan Bina Group has formed a partnership through a Memorandum of Understanding (MOU) with Maybank Islamic Bhd to extend a financing programme called HouzKEY to buyers of ForestHill Residences, a high-rise residential project located in Damansara Perdana, Selangor.
MIPFM: Property and facility managers' inputs crucial for Urban Redevelopment Act
The proposed Urban Redevelopment Act should also include inputs from property and facility managers, said Malaysian Institute of Property and Facility Managers (MIPFM) president Ishak Ismail.
RHB IB upbeat on Gamuda’s prospects in Ho Chi Minh City, raises target price to RM6.55
RHB Investment Bank Research has maintained its 'buy' rating for Gamuda Bhd (KL:GAMUDA) at RM5.58, with a higher target price of RM6.55 (from RM6.30), and said it is upbeat on the prospects Ho Chi Minh City (HCMC) has for Gamuda’s property arm.
Office fit-out costs in Singapore rise to S$188 psf, highest in Southeast Asia
The average cost of fitting out an office in Singapore rose 4.4% from S$180 (RM627) psf in 2022 to S$188 psf last year, according to a report by international property consultancy Cushman & Wakefield (C&W).
Ho Hup's property development unit applies for judicial management
Ho Hup Construction Company Bhd (KL:HOHUP) said its 52%-owned unit Golden Wave Sdn Bhd (GWSB) has applied with the High Court to be placed under judicial management.
Berjaya Asset officially unveils Times Square 2
Berjaya Times Square Sdn Bhd, a subsidiary of Berjaya Assets Bhd, officially revealed its luxury serviced apartment development Times Square 2 on Saturday (May 18).
Phillip Capital raises target price for Kerjaya Prospek to RM2, sees stronger y-o-y net profit growth in 1Q2024
Phillip Capital has maintained its “buy” rating on Kerjaya Prospek Group Bhd at RM1.80 with a higher target price (TP) of RM2 (from RM1.93) and said it expects Kerjaya’s 1Q2024 net profit to come in stronger year-on-year, but flat quarter-on-quarter.
