News by M

Earnings per share dropped to 1.5 sen from 1.86 sen. 

Earnings per unit rose 10.6% to 2.4 sen, from 2.17 sen in the same quarter last year.

This is the second extension for the MGO, after the offeror previously extended the closing date to Nov 8 from Nov 22.

A judicial review application has been filed by the firm of Messrs Karpal Singh & Co at the Alor Setar High Court on Thursday (Nov 18).

The average occupancy for the past few weeks since the travel ban lift has been approximately 40%, compared to 20% to 25% averagely before the interstate travel was allowed.

While upfront cost remains the main concern, there are some of the industry players are introducing instalment payment schemes, which could offer more affordable solutions for interested users and also help generate recurring income for the service providers.

As long as the rate of supply outpaces the rate of demand, there should be no shortage of affordable houses across the state. Instead, what should be of more concern is the overbuilding of price-controlled social houses, with a high number of unsold units, low take-up rates and low marketability.

Former de-facto deputy law minister in the Prime Minister's Department Mohamed Hanipa Maidin described the decision to withdraw the appeal as "weird".

The company is proud and thankful to have braved through the pandemic and arrived at this important milestone for 8 Conlay without any major accidents or injuries.