HONG KONG: The Royal Group of Cambodia has unveiled the master plan for the development of Koh Rong island in Cambodia, which will be Asia’s first environmentally planned resort destination.

KUALA LUMPUR: UEM Land Holdings Bhd's net profit for the second quarter ended June 30, 2010, (2Q10) jumped an impressive 583% to RM40.34 million from RM5.90 million a year ago, in line with higher revenue and gain of RM25.6 million on the disposal of an associate, Touch 'N Go Sdn Bhd to PLUS Expressway Bhd.

KUALA LUMPUR: Tradewinds Corp Bhd's net profit for the second quarter ended June 30, 2010 (2Q10) rose 23.3% to RM11.33 million from RM9.18 million a year ago, due to a 3.3% increase in revenue.

• Within expectations

2QFY10 : Better earnings outlook

PARIS: The French government's drive to raise badly needed funds by selling a chateau, sumptuous villas and a host of other state-owned properties may not be going as well as expected.

CHINA: China will strengthen price management for the remaining year on expectations of lower inflation, director of the National Development and Reform Commission Zhang Ping said in a report delivered to the National People’s Congress.

Mah Sing Group

HONG KONG: Henderson Land Development, the developer in the spotlight over controversial flat sales at its luxury 39 Conduit Road development, said underlying profit fell 37.36%, mainly due to a loss from the cancellation of the sale of 20 units at the Mid-Levels project.

KUALA LUMPUR: Mitrajaya Holdings Bhd’s revenue increased by 68% to RM97.1 million for its second quarter (2Q) ended June 30, 2010, compared with a revenue of RM57.9 million posted a year ago. Its net profit also increased to RM18.6 million from RM3.4 million a year ago.