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News by Izzul Ikram

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Kerjaya Prospek Property books flat 3Q on lower margins

26 February, 2024

Kerjaya Prospek Property Bhd’s net profit for the third quarter ended Dec 31, 2023 (3QFY2024) rose a marginal 1.65% to RM23.91 million from RM23.53 million a year ago, as higher costs compressed its margins.

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Landmarks granted third extension to submit regularisation plan, pushing deadline to July 28

20 February, 2024

This is in response to the company’s application for an extension of time in January, which it submitted as its previous Jan 28 submission deadline approached.

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Maxim’s public spread back in compliance after Comintel MD ceases to be substantial shareholder

16 February, 2024

Property developer Maxim Global Bhd said the company’s public shareholding spread is back in compliance with Bursa Malaysia’s listing requirements.

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news

YNH's RM170m land sale to Sunway gets fourth time extension to fulfil conditions

16 February, 2024

YNH Property Bhd’s proposed sale of a 5.098-acre freehold land in Desa Seri Hartamas to Sunway Group for RM170 million has been extended for a fourth time, pushing the deadline to May 12.

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UEM Sunrise issues RM500 mil in Islamic medium-term notes

15 February, 2024

UEM Sunrise Bhd has issued Islamic medium-term notes (IMTNs) worth RM500 million in nominal value.

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GDB’s legal actions over 8 Conlay job termination disputes face three-month pause

14 February, 2024

GDB Holdings Bhd’s legal actions against Damai City Sdn Bhd (DCSB) and KSK Land Sdn Bhd over the 8 Conlay project disputes have been put back on hold for three months.

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Kumpulan Kitacon bags RM65.4m contract to build terrace houses in Selangor

14 February, 2024

Kumpulan Kitacon Bhd has secured a contract to build 182 terrace houses in the Selangor Cyber Valley for RM65.43 million.

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BAssets disposes of 0.48% stake in BCorp for RM8.24m

13 February, 2024

BAssets’s wholly owned unit BBright disposed an aggregate 19.16 million shares or a 0.33% stake in BCorp via direct business transactions over the past six months, for a total of RM5.59 million.

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news

FGV unit wins RM12.6 mil in estate workers housing project dispute with contractor

08 February, 2024

An arbitral tribunal has awarded a unit of FGV Holdings Bhd RM12.64 million in the plantation group’s contract dispute with construction company Multazam Development Sdn Bhd concerning the latter’s termination from an estate workers housing project.

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Eco World International plans further RM500m capital repayment after RM1.5b last year

07 February, 2024

Eco World International Bhd (EWI) plans to reduce its share capital by a further RM500 million to pay a targeted 21 sen per share in dividends or RM504 million in total payout over the next two years.

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