Cahya Mata Sarawak 1Q net profit down 10%
Cahya Mata Sarawak Bhd’s (CMS) (KL:CMSB) net profit fell 10.1% to RM38.25 million for the first quarter ended March 31, 2024 (1QFY2024) from RM42.56 million a year earlier.
KLCCP Stapled Group reports marginal increase in 1Q earnings, pays 9 sen dividend
KLCCP Stapled Group (KL:KLCC) registered a 4.1% increase in net profit for the first quarter ended March 31, 2024 (1QFY2024) to RM188.03 million from RM180.56 million a year earlier, on the back of steady performance across its business segments.
Sime Darby Property's 1Q profit doubles on higher sales
Sime Darby Property Bhd (KL:SIMEPROP) reported that its first quarter net profit doubled year-on-year, as the property developer saw its quarterly revenue hit a record high on higher sales and successful project executions.
Binastra MD offloads 6% stake for RM36m
The share disposal slashed Tan’s total stake in Binastra to 57.3%.
Govt extends freeze on foreign worker applications, no new quota
The number of foreign workers in the country should not exceed 15% of the 17.1 million labour force projected by the Ministry of Economy.
GCH Retail says Giant Batu Caves tenancy dispute with landlord still being decided by courts
GCH Retail (M) Sdn Bhd, the operator of Giant hypermarkets, said the courts are still deciding on the company’s tenancy dispute with its landlord over premises it is currently occupying in Batu Caves.
PHB to independently manage AHB funds, aims to quadruple fund size to RM20b
Presently, the funds under AHB are managed by Maybank AB while its sponsor is PHB and its trustee is AmanahRaya Trustees Bhd.
Ho Hup's Flex project to be suspended, buyers refunded as Exsim buys land for RM110m
Ho Hup Construction Co Bhd’s RM1 billion mixed development project in Bukit Jalil will be suspended as it plans to sell the project's 3.09-acre land for RM110 million cash.
KIP REIT’s 3Q net property income up 10.1%, to double AUM in three years
KIP Real Estate Investment Trust (KIP REIT), a trust which mainly manages retail and industrial properties, said its net property income (NPI) for the third quarter rose 10.1% from a year ago, mainly due to stronger performance from its retail properties.
MBSB proposes 3.5 sen dividend for FY2023
Malaysia Building Society Bhd (MBSB) has recommended a final dividend of 3.5 sen for the financial year ended Dec 31, 2023 (FY2023).
