DutaLand back to black in 4Q on land disposal gains
KUALA LUMPUR (Aug 30): DutaLand Bhd returned to the black in the fourth quarter ended June 30, 2017 (4QFY17) with a net profit of RM15.
MK Land unit gets stay order on IRB notice after judicial review bid rejected
KUALA LUMPUR (Aug 30): MK Land Holdings Bhd's wholly-owned unit, Saujana Triangle Sdn Bhd, has obtained an order from the Court of Appeal to stay the effect of the Inland Revenue Board's (IRB) notices of assessment to the company.
Court rules in SC’s favour in Iris share manipulation case
KUALA LUMPUR (Aug 30): The High Court has ruled in favour of the Securities Commission Malaysia (SC) against six foreign defendants for their role in manipulating shares in Iris Corp Bhd in 2006, marking the end to a civil suit filed by the SC in 2008.
Court auctions should not be made exclusively online, say Penang auctioneers
PETALING JAYA (Aug 30): Court auctions should not be made exclusively online on the e-Lelong platform.
‘Election projects’ may further inflate govt debt
KUALA LUMPUR (Aug 29): An expected rise in large infrastructure projects and affordable housing ahead of the general election is likely to further raise the government’s already-huge contingent liabilities, said RAM Rating Services Bhd.
Tiong Nam 1Q net profit drops 95%
KUALA LUMPUR (Aug 29): Tiong Nam Logistics Holdings Bhd, whose first-quarter (1Q) net profit dropped 94.
Buyers queue for three days at Taman Mutiara Rini’s latest launch
SKUDAI (Aug 29): More than 200 interested purchasers queued up for three days prior to the launch of the latest double-storey terraced houses in Taman Mutiara Rini in Skudai, Johor recently.
TA Enterprise 2Q net profit at RM71m, revenue up 84%
KUALA LUMPUR (Aug 26): TA Enterprise Bhd registered its fourth consecutive profitable quarter in April-June 2017, with a net profit of RM70.
Sime Darby 4Q net profit slumps 53.4% to RM571 mil on impairments
KUALA LUMPUR (Aug 25): Sime Darby Bhd reported a 53.
Hap Seng Consolidated 2Q net profit up 4%
KUALA LUMPUR (Aug 25): Hap Seng Consolidated Bhd posted a net profit of RM629.
