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On Thursday (May 25), YNH Property received a second query from Bursa Securities related to the land deal, and was required to provide its response within 24 hours.

Commenting on the results, MBSB group chief executive officer Datuk Nor Azam M Taib said, “The improvement is driven by strong fundamentals based on our business plan despite the challenging economic environment.

The group also saw higher property progress billings from its property development and investment business segment, coming from its project at The Tropika, Bukit Jalil.

“We appreciate Pusat Jagaan Warga Emas Nur Ehsan for this collaboration and would like to thank them for letting us have a successful programme with them,” said Datuk Zuraidah Atan, S P Setia Foundation chairman and a director of S P Setia JOHOR BAHRU (May 25): S P Setia’s charity arm S P Setia Foundation continues to pay it forward with a visit to Pusat Jagaan Warga Emas Nur Ehsan women’s old folks’ home here yesterday.

The Kapar land acquisition is in line with Sime Darby Property’s SHIFT25 strategy, which aims to transform the company from a pure play property developer into a real estate company by broadening and diversifying its income streams.

MCT chief executive officer Teh Heng Chong said the developer plans to launch two new projects soon.

In a bourse filing on Thursday (May 25), the developer said revenue for the quarter rose 43% to RM685.

DONE DEAL: Serviced residence, Taman Maluri, Cheras, Kuala Lumpur DONE DEAL: Serviced residence, Tropicana Gardens, Selangor Situated in a posh residential area of Kuala Lumpur, Bukit Tunku or famously known as Kenny Hills, has a myriad of conveniences.

In a recent briefing, Kerjaya Prospek said it would prioritise tendering for contracts valued between RM300 million and RM500 million, which are less competitive, and thus could yield better margins.

\Sunway group chief financial officer Chong Chang Choong said the group’s 1QFY2023 financial performance was better than the pre-pandemic period, anchored by sustained domestic economic growth.