DONE DEAL: Condo unit, Seni Mont'Kiara, Kuala Lumpur
Rented for: RM8,250 (RM3.52 psf); Concluded by: Kevin Teh of Propstar Realty (REN 02206, 013-5557333); When: August 2019
Prosecution witness in Zahid's trial treated as hostile for contradictory statements
As prosecution witness Junaith Asharab Md Shariff was deemed to have contradicted his statements in court, Justice Collin Lawrence Sequerah allowed deputy public prosecutor Gan Peng Kun to treat Junaith as hostile and to cross-examine him over discrepancies in his statement.
Damansara Realty 4Q net profit falls amid higher costs and expenses
As such, earnings per share fell to 4.61 sen, from 5.45 sen a year ago.
Widad acquires UiTM Jasin concession for RM127m
This follows an earlier Heads of Agreement with SHSB’s shareholders, Prihatin Ehsan Holdings Sdn Bhd and Training Camp Aabata Sdn Bhd, for the acquisition of 90% of SHSB last October.
Heng Huat’s newly appointed executive director resigns
In a filing today, Heng Huat cited “personal matter” as the reason for Teoh’s resignation.
IGB 4Q net profit declines amid lower contribution from property investments
In a bourse filing, the group said its fourth quarter profit fell to RM59.9 million, from RM92.01 million in 4QFY18, which translates into lower earnings per share (EPS) of 8.8 sen in 4QFY19 from 13.76 sen a year prior.
Tiger Synergy EGM today called off after court ruling
The meeting had been called by the company’s current directors, who are embroiled in a boardroom tussle with Safari Alliance Sdn Bhd, which has a 11.83% stake in Tiger Synergy.
Mah Sing aims for RM1.6b sales in 2020, launches ‘Easy to Own’ scheme to boost sales
Its group managing director Tan Sri Leong Hoy Kum said 84% of its annual sale target will be derived from residential properties below RM700,000.
Kim Loong Resources buys oil palm plantations in Sabah for RM93m
The plots are now separately owned by four private companies, namely Greenfingers Sdn Bhd, R&H Sdn Bhd, Bakti Perusahaan Sdn Bhd and Sri Handal Sdn Bhd.
Better for all homestay operators to register voluntarily
Only 350 short-term stay operators are registered in the state.
