Spritzer inks JV agreement to develop housing project in Perak
Spritzer said the JV with construction firm KNP Development Sdn Bhd presents a good opportunity for the group to establish a foothold in the property development industry.
Kumpulan Jetson minority shareholders making second attempt to remove incumbent board members
They sought to remove the entire board, including chairman Tunku Nooruddin Tunku Shahabuddin, executive director (ED) Edward Ng Kah Jiun, non-executive directors Louise Paul a/l Joseph Paul, Hong Cheong Liang and Goh Rui Yee, according to Jetson’s stock exchange filing on Thursday.
Gabungan AQRS set to rebound higher, says RHB Retail Research
The research house said that the bullish bias above that level may see the stock climb towards the 38 sen immediate resistance, followed by its recent high of 39.
Strong take-up for UEM Sunrise’s Phase 2B of Senadi Hills
Senadi Hills Phase 2B consists of 91 double-storey terrace homes with typical lot size of 22’ x 70’ and built-up of 2,222 sq ft.
YTL Hospitality REIT’s acquisition of Syeun Hotel to boost NPI by 1% — AmInvestment
In a note on Thursday, the research house maintained its "buy" call on the REIT following its acquisition, with a higher fair value (FV) of RM1.
Analysts keep call intact for KLCCP Stapled Group on earnings prospect; yield targets from 5.5%
In a note, Kenanga Investment Bank Bhd said it is optimistic about KLCCP's prospects in the upcoming quarters, bolstered by the office division's robust 100% occupancy rate as of end-December 2023, increase in hotel operation’s occupancy ratio from 52% to 55%, and improved performance in the management services due to the rise in transient and season car park customers.
LFE's wholly owned subsidiary secures RM11 mil earthworks contract from PDSB
The contract, effective immediately, is slated for an eight- month duration with a completion date set for Oct 6, 2024.
Econpile bags contract for RM30m substructure works in Shah Alam
In a filing with Bursa Malaysia on Wednesday, the construction company said the contract, awarded by Chingsan Development Sdn Bhd, is expected to contribute positively to its revenue and earnings from the financial year ending June 30, 2024 onwards.
KLCCP Stapled Group posts 38% jump in 4Q profit, declares highest yearly dividend since listing in 2013
The group — comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust — saw quarterly revenue grow 7.
FGV unit wins RM12.6 mil in estate workers housing project dispute with contractor
“The final award has no operational or financial implications for the respondent, and if the amounts awarded to the respondent (FGV Plantations) thereunder are recovered from the claimant (Multazam), such amounts received may be expected to contribute positively to [FGV Plantations’] earnings,” FGV noted in a bourse filing on Wednesday.
