Nexgram aborts plan to acquire resort in Langkawi
Nexgram Holding Bhd said it is aborting its plan to acquire a resort in Langkawi for RM90 million to be used as a healthcare service facility.
Economists see BNM taking a cautious approach this year on interest rates
Following Bank Negara Malaysia's (BNM) decision on Thursday (March 9) to keep the overnight policy rate (OPR) unchanged for the second time this year, some economists say the central bank will continue to adopt a cautious approach on interest rates going forward.
Teladan Setia buys Seremban land for RM24.1m
The land, measuring 70,020 sq m, is planned for mixed development.
Fajarbaru secures RM311m construction contract from WCT
... to undertake the main building works for the residential condominium towers located in Mont Kiara, Kuala Lumpur.
Disposal gains boosts Cahya Mata's 4Q earnings
The stronger earnings performance was lifted by recognition of gain on disposal of associates of RM89.02 million, as well as higher revenue incurred for the quarter.
Tropicana's Danny Tan emerges as substantial shareholder of Perak Transit
Tropicana Corp Bhd’s executive vice chairman and major shareholder Tan Sri Danny Tan Chee Sing has emerged as Ipoh-based transport terminal and bus operator Perak Transit Bhd’s substantial shareholder after buying 17.39 million shares in the company.
UEM Sunrise returns to the black in 2022 after two years of losses
UEM Sunrise Bhd returned to the black for the year ended Dec 31, 2022 (FY2022) after two years of losses, helped by a similar turnaround in the final quarter.
LBS Bina posts lower 4Q earnings, but full-year results see improvement
LBS Bina Group Bhd’s net profit fell 28.86% to RM25.65 million for the fourth quarter ended Dec 31, 2022 (4QFY2022) from RM36.05 million a year ago, dragged down mainly by lower contribution from its property development, construction and trading segments.
SunCon's 4Q net profit falls nearly 30% y-o-y on lower contribution from construction segment
Sunway Construction Group Bhd's (SunCon) net profit for the fourth quarter ended Dec 31, 2022 (4QFY2022) declined 29.48% year-on-year (y-o-y) to RM45.65 million from RM64.73 million, dragged mainly by lower contribution from construction segment.
