The Master Builders Association Malaysia (MBAM) has signed a memorandum of understanding (MOU) with the Chartered Institute of Building (CIOB) in order to further strengthen their partnership since 2016 via a signing ceremony held last Friday (Nov 25).

Econpile Holdings Bhd's net loss for the first quarter ended Sept 30, 2022 (1QFY2023) narrowed to RM4.83 million from a net loss of RM5.79 million a year earlier, mainly due to stabilising building material costs and higher gross profits generated from its overseas operations.

The group also divested the remaining 20% equity in the pre-tertiary education business.

The conglomerate recorded earnings per share of 2.8 sen during the quarter under review, compared with 1.38 sen per share previously.

The improvement in profitability came on the back of higher revenue and profit before tax, following the full resumption of business activities during the quarter. 

Robert will remain with the group in the role of a non-independent, non-executive director to facilitate the change in leadership during the transition.

The resumption of business activities contributed to a hike in revenue, especially in the distribution of building materials and logistics services division, as well as the concrete manufacturing division.

GenM posted RM11.38 million net profit or earnings per share of 0.2 sen compared with RM289.25 million net loss or loss per share of 5.12 sen in the same period a year ago.

London recorded “a whopping 68,531 pins, twice as many as the next most pinned city”, making UK’s capital No 1 with the most beautiful homes in Europe.

The one-and-a-half-month renovation work involved painting, fixing and replacing new roofing, providing a well-equipped toilet and installing a septic tank with underground piping, repairing external timber walls and replacing them with cement sand board, installing precast concrete drain and chain link fencing with gate.