Kimlun 2Q net profit up 37% on higher construction, manufacturing revenue
This resulted in a higher earnings per share of 4.05 sen for 2QFY19 compared with 3.07 sen for 2QFY18.
This resulted in a higher earnings per share of 4.05 sen for 2QFY19 compared with 3.07 sen for 2QFY18.
The lower charge is a bid to mitigate the imposition of the departure fee on passengers leaving Malaysia and encourage the growth of the tourism sector
Revenue for the quarter rose 33% year-on-year (y-o-y) to RM336.4 million from RM252.9 million.
Save for its property and utilities business segments, YTL Corp recorded positive growth in profit before tax (PBT) in all its business divisions during the quarter.
Revenue fell 11% to RM47.26 million from RM52.98 million previously.
The group posted a net loss of RM14.55 million for the second quarter ended June 30, 2019 compared to a net profit of RM10.33 million a year ago.
Bush will take over the role that will be left vacant by Deplanck once the latter leaves on Aug 30 to pursue new opportunities.
Najib's then-special officer Datuk Wan Ahmad Shihab Wan Ismail was appointed to the company's board on May 22, 2012.
Rafidah said Najib signed a letter in his capacity as finance minister saying that TIA's sole shareholder, the MoF Inc, has passed a resolution for TIA's name to be changed to 1MDB.
The two projects are also known as Duta-Ulu Kelang Expressway (DUKE) Phase-3.