News about myedgeprop

From the banking industry to real estate, Stephanie Chen of Tech Real Estate Sdn Bhd reflects on challenges, career breakthroughs and future goals PETALING JAYA (Feb 20): As 2018 came to an end, Stephanie Chen, then a relationship manager in the banking industry, decided to make a total career change.

Sim Leisure announced on Dec 19 that it had received a notice of termination over the project.

“The government will consider allowing them [including industry players at KHTP] to apply for the new electricity tariff to be implemented simultaneously with the rest of Peninsular Malaysia in July — we are evaluating this due to its financial cost implications.

At the last Nov 7 sitting, Court of Appeal judge Datuk Lee Swee Seng had asked both parties to look into settling the long dispute, and, should there be none, the hearing is to proceed on Feb 20 and 21.

For the fourth quarter ended Dec 31, 2024 (4QFY2024), the group’s net profit soared 85.

According to MGB, the improvement in FY2024 was predominantly attributed to its property development segment’s fourfold leap in revenue to RM483.

The share capital reduction entails the cancellation of RM185 million of its RM272.

Its property development segment had returned to black, with an operating profit of RM18.

As the first Crowne Plaza in Penang, the 23-storey, five-star waterfront hotel features 343 rooms and suites, catering to increased business travel and foreign investment activity in the northern state.

Following the acquisition, EcoWorld Malaysia will fully consolidate Paragon Pinnacle’s balance sheet — instead of the 60% share of results previously.