Property sales hit fresh record RM196.8 bil in 2023; Johor sees highest price rise, says Napic
Malaysia’s property transaction value hit RM196.83 billion in 2023 — the highest ever recorded by the National Property Information Centre (Napic).
IWH, PLS Plantations in talks with China state-owned firm to develop industrial park, innovation hub in Johor
The proposed development are of a 1,000-acre Johor-Shenzhen Industrial Park in Ulu Sedili, together with a 50-acre Johor-Shenzhen Innovation Development Hub in Johor Bahru.
Iskandar Waterfront outlines RM4.3b development projects in Johor in 10-year plan
The plan comprises the RM3.5 billion waterfront township Tebrau Bay, RM500 million mixed waterfront development Danga Rivera, and RM330 million mixed-use development project Danga Heights.
Tropicana halves its losses in 4Q as revenue climbs and expenses drop
Tropicana Corp Bhd managed to halve its net loss for its fourth quarter on a year-on-year basis, as it recorded lower expenses, and higher revenue and other income.
OSK's 4Q net profit down 19.3% on higher taxes, lower share of profits from associates and JV
OSK Holdings Bhd’s net profit for its fourth quarter of financial year 2023 fell 19.29% to RM97.8 million from RM121.17 million a year earlier, despite higher revenue, as its bottom line was crimped by higher tax expenses and cost of sales, and lower share of profits from its associates and a joint venture (JV).
Tax expert raises concern over surprise service tax expansion to maintenance and repair jobs
Chung said the tax consultant industry had not been properly consulted nor forewarned about the change that came into effect on Monday.
Govt widens service tax scope to include maintenance and repair jobs
The service tax would be imposed on M&R services starting from Monday (Feb 26).
Cahya Mata Sarawak 4Q net profit up 71% as cement business returns to profitability
Revenue for the quarter ended Dec 31, 2023 rose 7.86% year-on-year to RM332.65 million from RM308.4 million.
Landmarks unit's receiver and manager finds buyer for Langkawi luxury resort
Landmarks Bhd said a buyer has been found for its wholly-owned unit Andaman Resorts Sdn Bhd's (ARSB) luxury resort, The Andaman, in Langkawi.
Kerjaya Prospek Property books flat 3Q on lower margins
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.
