TA Global reports RM30 mil quarterly profit, revenue up 84%
The group said that it would continue to explore and evaluate opportunities to acquire new hotels or properties to expand its existing portfolio
Syed Mohamed is now Encorp chairman
Also chairing FIC, Syed Mohamed is now the president and executive director of Iskandar Waterfront Holdings Sdn Bhd, a company linked to tycoon Tan Sri Lim Kang Hoo.
When opposites attract
From the outside, Datuk Beh Huck Lee and wife Datin Michelle Gan Eileen appear to be an unlikely pair — “complete opposites”.
AWC secures RM31.74 mil contract to manage govt facilities
The contract involves a five-year maintenance period from Sept 1, 2017 to Aug 31, 2022 and covers all the blocks utilised and occupied by the MCMM, AWC said.
Collective sale fever continues in Singapore
Aug 22 saw the launch of collective sale tenders for two former HUDC estates - Florence Regency and Normanton Park - at a reserve price of S$600 million (RM1.89 billion) and S$800 million respectively.
Fajarbaru clocks in net profit in 4Q
In Malaysia, Fajarbaru said it successfully launched its maiden property development project and has started recognising revenue of RM9.7 million.
IJM a likely beneficiary of RM55 bil ECRL project packages
This could lead to a potential upside to its current outstanding order book of RM8.7 billion. We believe IJM is one of the earlier beneficiaries of the rail theme in 2017/18.
UEM Sunrise 1HFY17 performance commendable
The positive performance was contributed by an improvement in the property development segment and higher land sales.
Hap Seng Consolidated 2Q net profit up 4%
The property division saw a 53% growth in operating profit to RM130 million, contributed by the sale of non-strategic properties.
