Scientex 1Q net profit up 39.1% to RM72.4m, declares 10 sen dividend
KUALA LUMPUR (Dec 6): Scientex Bhd net profit for the first quarter ended Oct 31, 2017 (1QFY18) rose 39.
Mulpha International issues US70m debt notes
KUALA LUMPUR (Dec 5): Mulpha International Bhd has issued the sixth series of notes under its US$200 million (RM818 million) Medium Term Note (MTN) programme.
Ireka up 3.33% on collaboration for infrastructure jobs
KUALA LUMPUR (Dec 5): Ireka Corp Bhd rose 3.
UOA Development ups stake in property developer firm for RM159.5m
KUALA LUMPUR (Dec 5): UOA Development Bhd is buying a further 35% stake in Everise Project Sdn Bhd from Kaginic Assets Holdings Sdn Bhd for RM159.
SD Property shares fall behind at debut
KUALA LUMPUR (Nov 30): Sime Darby Bhd and Sime Darby Plantation (SD Plantation) both made strong debuts at the opening bell today as pure plays, but Sime Darby Property Bhd's (SD Property) share price fell behind the other two entities.
‘Properties remain unaffordable’
KUALA LUMPUR (Nov 30): When measuring housing affordability, policymakers should take into account a person’s “lifetime” earning capability, instead of basing it on current income level, said Monash University senior lecturer Dr Jason Ng Wei Jian.
Sungai Besi Air Force Base relocation to start next month
PETALING JAYA (Nov 29): The relocation of the Sungai Besi Air Force Base — which will be redeveloped into the Bandar Malaysia project — is scheduled to begin next month, said the Ministry of Finance.
Conversion rate of developers’ sales improved in 2017
PETALING JAYA (Nov 28): The conversion rate for sales in the primary market has gone to over 63% in 2017 from 50% in 2016, said the Malaysian Institute of Estate Agents (MIEA) secretary-general Chan Ai Cheng.
Glomac dips 2.46% on poor 2Q earnings
KUALA LUMPUR (Nov 28): Property developer Glomac Bhd’s shares fell 2.