News by Arjuna Chandran Shankar

The latest contract brings Econpile’s orderbook to RM780 million, which will keep it busy for the next two years.

Mah Sing is strengthening its digitalization initiatives by accelerating capabilities to market products digitally.

Its property development segment's profit jumped more than three times to RM23.17 million from RM6.84 million previously, as it recognised proceeds from the sale of the Pavilion Bukit Jalil Mall and progressive sale of its Kota Kinabalu Crown development units. It also recognised progressive billings from Phase 2 Park Residence.

This is according to a letter issued by Bersatu's working secretary Captain (Rtd) Muhammad Suhaimi Yahya to Dr Mahathir, which has been circulated online.

The amount is the balance purchase consideration due to BLand’s 51%-owned subsidiary, Berjaya (China) Great Mall Co Ltd (GMOC), from the buyer, Beijing SkyOcean International Holdings Ltd.

Earnings per share (EPS) for the quarter ended March 31, 2020 (2QFY20) dropped to 1.01 sen from 11.46 sen previously, according to the group’s exchange filing today.

Net property income fell by a quarter to RM39.36 million, from RM52.75 million a year earlier, CMMT said in a bourse filing today.

“The answer is yes if we get a good offer,” group CEO Datuk Jeffri Salim Davidson said at a press conference today on Sime Darby’s latest quarterly results.

Earnings for the quarter were also hit by higher finance costs and higher share of losses from non-controlling interests, the group said in an exchange filing.

Revenue for the quarter dipped by 1.42% to RM33.43 million from RM33.91 million, it announced in a bourse filing.