UEM Edgenta swings back to profit in 2Q
It is also worth noting that its financial performance in 2QFY20 was dragged by an impairment recognised for completed property inventories totalling RM50 million.
Guocoland turns around in 4Q from last year, but q-o-q earnings plunge
On prospects, Guocoland expects it to be challenging due to reduced consumer capital spending in response to the raging pandemic, coupled with large overhang of unsold properties
UEM Sunrise 2Q loss narrows amid improved sales and higher construction progress
Property sales improved substantially to RM707 million in the first half compared to RM151 million in the same period last year, following the spillover of the positive momentum in the second half of 2020
Sunsuria 3Q net profit up 27% on higher contribution from property development business
The improved revenue, the group said, was driven by its ongoing property developments
Lai Voon Hon steps down as Ireka chairman after just 1.5 months at the helm
The group said Lai resigned from the position “to pursue other interest”
Avillion MD See Ah Sing ceases to be substantial shareholder in group
This follows his disposal of 116.60 million shares or a 12.32% stake in the integrated travel and hotel group on Aug 19.
SunCon 2Q net profit surges three folds on improved business performance
Quarterly revenue rose 167.7% to RM375.27 million, from RM140.18 million previously, underpinned by higher contribution from the construction and precast segments, as well as the low base effect, the group said in a bourse filing.
PM candidacy: BN agrees to nominate Ismail Sabri; Shafie says Opposition’s choice between him and Anwar
Dewan Rakyat Speaker Datuk Azhar Azizan Harun asked MPs to each submit a statutory declaration (SD) to Istana Negara on their choice of candidate to be nominated as the ninth prime minister
BLand sells 6.7 million more BFood shares for RM12.55m, trimming stake to 1.36%
BLand said the disposals were carried out via direct business transactions for RM12.55 million at an average price of RM1.87 per share
Freight Management buys Klang land for RM57m for warehousing and distributions service expansion
The group said the freehold land, measuring a combined 405,979 sq ft or 4.67 acres, will be used for the expansion of its third party logistics warehousing and distribution services, which include e-commerce fulfilment and parcel delivery services
