News about myedgeprop

The group in a filing with Bursa on Aug 18 said it also saw a lower share of results of associates and joint ventures in the current quarter, mainly due to a share of loss in an associated company resulting from fair value loss on its investment properties.

Total revenue of RM605 million; 76% from property development activities.

Having emerged from the pandemic a year ago with everything continuing to normalise and getting better, and with elections out of the way, developers are optimistic about the next year.

In a bourse filing on Friday (Aug 18), Kerjaya Prospek said its revenue grew 11.

In a report on Thursday (Aug 17), Inside Asian Gaming magazine cited analysts as saying that the influx of Chinese tourists bodes well for Singapore’s two integrated resorts — Marina Bay Sands and RWS — after each booked strong financial results for the June 2023 quarter.

The company said its first hotel in that country, Travelodge Myeongdong Euljiro, has been registering an occupancy rate of above 80% and an average daily rate of more than 90,000 won (RM320) since January.

The group is expected to record a net loss of about RM22.

For the first half ended June 30, Sunway REIT’s NPI advanced 12.

In a filing with Bursa Malaysia on Thursday (Aug 17), Perak Corp said it had on Wednesday entered into a supplemental agreement to the JVA entered into on Sept 10, 2019 with ARX-YSC to vary certain terms of the JV.

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