Kerjaya Prospek Property Bhd net profit grew 41% to RM21.72 million for the first quarter ended June 30, 2022 (1QFY23) from RM15.42 million a year ago as both property development and hospitality businesses performed better after the reopening of the economy.
Noteworthy:
When: March 2022
Global hospitality company Hilton has announced six landmark signings in Asia-Pacific (Apac) across its portfolio of luxury brands, namely Waldorf Astoria Xi'an, Waldorf Astoria Shanghai Qiantan, Waldorf Astoria Kuala Lumpur, Waldorf Astoria Sydney, Conrad Nagoya and an LXR Hotels & Resorts property in Bali, according to a press statement.
UOA Development Bhd’s net profit slipped 16.6% to RM45.3 million in the second quarter ended June 30, 2022 (2QFY22), from RM54.4 million a year earlier.
Matrix Concepts Holdings Bhd's net profit for the first quarter ended June 30, 2022 (1QFY23) jumped 48.44% to RM47.03 million from RM31.69 million a year ago, on the back of a 40.3% growth in revenue to RM229.3 million from RM163.4 million.
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MCT Bhd has entered into an agreement to acquire 4.02 acres of leasehold commercial land in Bangi, Selangor for a total purchase consideration of RM31.5 million.
Lagenda Properties Bhd’s net profit rose 17.38% to RM50.38 million for the second quarter ended June 30, 2022 (2QFY22), from RM42.92 million a year earlier, due to an increase in its confirmed sales as a result of effective marketing strategies.
Johor Land Bhd (JLand) on Monday (Aug 22) unveiled a new logo and brand proposition of "Enhancing Wellbeing, Enriching Community" to signify its next phase of expansion plans in the property industry.
UDA Holdings Bhd has inked a sale and purchase agreement (SPA) with BBCC Development Sdn Bhd to purchase a hotel building here in Bukit Bintang City Centre (BBCC).
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