I-Bhd's 1Q net profit sharply higher, to focus on property development at i-City
Improved earnings from the property investment as well as leisure and hospitality segments, coupled with the group booking a 19.
Ekovest sees positive full-year financial results after 3Q net loss narrows
The group did not declare any dividend for the quarter under review.
Sime Darby Property’s urban biodiversity efforts recognised at 2024 FIABCI World Prix d'Excellence Awards
Its Elmina Rainforest Knowledge Centre (ERKC) bagged silver in the Environmental Category, acknowledging its contributions to environmental literacy and urban biodiversity conservation and its positive sustainability impact on Malaysia’s real estate industry.
UEM Sunrise and Logos sign MOU to develop data centre campus in Johor
UEM Sunrise will be collaborating with Logos in several areas, including end-to-end construction management, technical work, and assisting in government-related processes, such as licensing applications and securing state approvals.
AME Elite buys more land in Johor for industrial cluster development
According to AME Elite, the proposed acquisition, which is expected to be completed by the third quarter of this year, presents a strategic investment opportunity to increase its land bank.
MRCB shares fall as below-view 1Q prompts caution
On Thursday, MRCB reported that its net profit for 1QFY2024 plunged 65% year-on-year to RM3 million, due to lower sales and billings, following the completion of two major projects.
Housing ministry to focus on abandoned housing projects, ready for stakeholder collaboration
According to Deputy Minister of Housing and Local Government Datuk Aiman Athirah Sabu, there are 175 unlicensed abandoned private housing projects remaining in Peninsular Malaysia.
MRCB reports 65% drop in 1Q net profit on lower sales, billings
MRCB said it plans to focus on boosting cash flow by monetising its unsold completed stock, which amounted to RM342.
OSK on track to record another year of solid growth, says HLIB
From better progress billings and project cost savings, capital financing from a growing loan portfolio, and better economies of scale and industries from growing demand for cables and the industrialised building system (IBS).
IOI Properties' 3Q net profit up 91%, boosted by RM211m Johor land sale
Looking to the final quarter of the financial year, IOI Properties said the group is optimistic of a satisfactory performance, adding that its property development segment in the Klang Valley is poised to improve with a strong pipeline of launches while its Johor projects are well-capitalised on various proposed initiatives taking shape in the state.
