Vivocom falls after co reports 4Q net loss
Fourth quarter net loss stood at RM2.64 million compared to a net profit of RM821,000 a year earlier.
Fourth quarter net loss stood at RM2.64 million compared to a net profit of RM821,000 a year earlier.
Sunway said a lower profit recognised from local projects had dragged down the property development segment.
A Petaling Jaya house worth about RM2.5 million was also confiscated.
Over allegations of receiving RM19 million to halt a probe.
Vertice Bhd has a 13% stake in Penang undersea tunnel developer Consortium Zenith Construction Sdn Bhd.
The group said it is positive of achieving more than 10% sales growth in FY18, exceeding the RM1 billion new sales recorded a year ago.
"Mr Kuok is a respected businessman, a role model for all Malaysians..."
The property development segment saw higher sales recognition due to increased progress of work done.
The marketing push to get the rest of the office space filled will start soon.