Scientex 1Q net profit rises 4.2% to RM107 mil on strong revenue
Scientex Bhd's net profit for the first quarter ended Oct 31, 2022 (1QFY2023) rose 4.2% year-on-year to RM107.18 million from RM102.87 million, on the back of an 11% rise in revenue.
Loke: Kelana Jaya LRT overcapacity issue to be resolved by 3Q23
Transport Minister Anthony Loke said another 18 train sets that are undergoing various maintenance programmes will be added to the Kelana Jaya line by 3Q23, and shorten the train interval time to three minutes.
DONE DEAL: Terrace house, Bandar Seri Alam, Masai, Johor
Noteworthy:
- Freehold
- Land size: 1,440 sq ft
- Built-up size: 1,440 sq ft
- 4 bedrooms, 3 bathrooms
- Semi furnished
- Nearby amenities: convenience stores, F&B outlets, Midas Mall Seri Alam, Uptown Pasir Gudang
- Accessibility: North-South Expressway, Pasir Gudang highway
When: August 2022
Mark Wahlberg’s former grand estate on the market for US$28.5m
The primary suite in the house is designed to wow, with “canyon views, a wood-burning fireplace, his-and-hers bathrooms with beautiful marble slab counters, luxurious aromatic oil-and-steam showers, a hair salon, and a private staff entrance”.
DONE DEAL: Serviced residence, Tanjung Puteri, Johor
Noteworthy:
- Freehold
- Built-up size:1,097 sq ft
- 3 bedrooms, 2 bathrooms
- Semi-furnished
- Nearby amenities: convenience stores, F&B outlets, Sultanah Aminah Hospital, hotels, R&F Mall, City Square, Plaza Pelangi, Johor Bahru Railway Station
- Accessibility: Pasir Gudang highway
When: July 2022
Jiankun hit with RM13m demand notice from JV partner for residential project
FiveStar is seeking the payment of RM12.98 million in unpaid sums due and owed by Jiankun’s unit JKI Development Sdn Bhd pursuant to a joint venture agreement (JVA) dated July 28, 2015, and a supplementary JVA dated Oct 5, 2016.
Sime Darby Property inaugurates commercial centre Temu in City of Elmina
Temu comprises 70 units of two- and three-storey shop offices offering built-ups ranging from 3,074 sq ft to 7,753 sq ft.
Napic shows high overhang for affordable homes – study needed, says MIEA
According to Chan, there seems to be a mismatch between the government’s aspiration to provide affordable homes and the take-up rates of properties below RM500,000.
S P Setia Foundation welcomes Zuraidah Atan as new chairman
A veteran in corporate social responsibility activities, Zuraidah has contributed significantly in uplifting the lives of the underprivileged communities in Malaysia.
Govt to review RM7b flood mitigation project awards, says PM
The project, part of flood mitigation project allocations amounting to RM15 billion, is believed to be awarded through direct negotiations.
