Gamuda chairman Mohammed Che Hussein retires
Mohammed has been on the company’s board as chairman since December 2013.
Property developer SkyWorld Development seeks Main Market listing
SkyWorld Development Bhd is seeking a listing on the Main Market of Bursa Malaysia, according to its prospectus exposure published on the Securities Commission Malaysia’s website on Monday (Dec 5).
MRCB returns to black in 3Q, boosted by higher recognition from construction progress, sales of completed inventory
Malaysian Resources Corp Bhd (MRCB) registered a net profit of RM23.7 million for the third quarter ended Sept 30, 2022 (3QFY2022), versus RM32.16 million net loss in last year’s corresponding quarter, as revenue jumped 524% year-on-year to RM860 million.
YNH Property’s 3Q net profit slumps 97% to RM43,000
YNH Property Bhd’s net profit slumped 97.07% to RM43,000 for the third quarter ended Sept 30, 2022 (3QFY2022), from RM1.47 million for the same quarter last year, amid completion of the K163 development here.
Chin Hin's 3Q net profit swells six times to RM16m
The resumption of business activities contributed to a hike in revenue, especially in the distribution of building materials and logistics services division, as well as the concrete manufacturing division.
MBSB swings to the black in 3Q amid lower expected credit losses on loans
Better earnings for the quarter were attributed to lower expected credit losses on loans, financing and advances as well as other impairments, which were down by 59% from RM249 million in 3QFY2021 to RM103.4 million in 3QFY2022.
Berjaya Land returns to profit in 1QFY2023 as revenue grows
Berjaya Land Bhd (BLand) returned to the black in the first quarter ended Sept 30, 2022 (1QFY2023), posting a net profit of RM8.45 million versus a net loss of RM74.3 million in the same period a year ago.
YTL Hospitality REIT’s 1QFY23 income available for distribution increases 73% y-o-y
YTL Hospitality Real Estate Investment Trust (YTL Hospitality REIT)’s income available for distribution for the quarter ended Sept 30, 2022 (1QFY23) increased 72.74% year-on-year to RM30.95 million, despite the REIT recording net property income that was at the same level as the corresponding quarter in FY2022.
BAssets narrows 1Q net loss on higher revenue and share of profits from JV firms
This is the 11th consecutive quarter of loss for the group since 3QFY20.
Pavilion REIT inks deal to buy Pavilion Bukit Jalil mall from Malton for RM2.2 bil
Pavilion Bukit Jalil mall, located in Bukit Jalil, has a net lettable area of 1.8 million square feet. The mall houses five levels of retail space, two levels of basement parking with 4,800 car park bays and a piazza.
