Along Jalan Berangan in Changkat Bukit Bintang, Kuala Lumpur, is a row of shophouses. If you were to stroll along the undulating road, you would notice a guesthouse near the end of it.

KUALA LUMPUR: Hap Seng Consolidated Bhd (Hap Seng Group) recorded a pre-tax profit of RM172.8 million in its financial year (FY) ended Dec 31, 2009.

This was achieved on the back of group net revenue of RM2.5 billion. The group’s operating profit was registered at RM193.8 million and its profit after tax was recorded at RM149.3 million for the year under review.

KUALA LUMPUR: Kumpulan Jetson Bhd posted higher revenue of RM52.82 million in the 1Q ended March 31, 2010, compared with RM25.09 million in the previous corresponding quarter, representing an increase of 110.52%.

Accordingly, the group’s profit before tax increased to RM1.06 million from a loss before tax of RM765,000 for the respective periods.

KUALA LUMPUR: PJ Development Holdings Bhd’s net profit jumped 41.3% to RM9.105 million in 3Q ended March 31, 2010, from a net loss of RM1.772 million in the same quarter last year.

Revenue increased 7.84% to RM143.816 million from RM133.351 million previously.

KUALA LUMPUR: Plenitude Bhd’s net profit eased by 29.3% to RM21.714 million in the 3Q ended March 31, 2010, compared with RM30.709 million in the same period last year.

Revenue declined by 33.2% to RM74.801 million in the quarter under review from RM112.002 million over the same quarter last year.

KUALA LUMPUR: Sunway City Bhd (SunCity) announced a revenue of RM283 million and profit before tax of RM87 million for 1Q ended March 31, 2010.

During the quarter under review, SunCity continued to make headway in pursuing its growth strategy of unlocking its asset values and injecting them into a real estate investment trust (REIT).

KUALA LUMPUR: Malton Bhd’s net profit rose 47.9% to RM3.646 million in its 3Q ended March 31, 2010, compared with RM1.048 million recorded in the same period last year.

SHAH ALAM: Selangor civil servants who own low-cost housing units in the state will be called up for questioning, said Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim.

"If we find that they are ineligible to own the units and there are elements of abuse, severe action will be taken against them.

KUALA LUMPUR: Bina Puri Holdings Bhd has appointed Datuk Ir Wong Foon Meng as its new chairman.

Wong, 56, has a degree in Mechanical Engineering (Hons) from Universiti Teknologi Malaysia (UTM).

He served the Ministry of Science, Technology and Environment in various positions for 13 years before leaving to become a consulting engineer.

KUALA LUMPUR: Housing loan provider Malaysia Building Society Malaysia (MBSB) recorded a 644% increase in net profit to RM43.197 million in its 1Q ended March 31, 2010, compared with RM5.803 million in the same period last year.

Its pre-tax profit jumped 341% to RM43.179 million in the quarter under review compared with RM9.789 million in the same quarter last year.