Tambun Indah declares 5.9 sen dividend for FY21
The dividend, with an ex-date of Aug 24, will be paid on Sept 12, according to the Penang-based property developer’s filing with Bursa Malaysia.
Selangor govt appoints MRCB to redevelop Shah Alam Stadium
Quoting Selangor Menteri Besar Datuk Seri Amirudin Shari, it was reported that MRCB was selected after taking into account its financial position, as well as its experience in repairing the Bukit Jalil National Stadium in 2017.
Mah Sing buys Johor land for new mixed project with RM469 mil GDV
In a statement Tuesday (June 28), Mah Sing said the prime land parcel — measuring about 6.938 acres and valued at RM39.29 million — is located in Taman Seri Austin next to an existing McDonald's drive-through, and is accessible via Persiaran Eco Cascadia.
RHB Research names Axis REIT and IGB REIT as top picks, positive on sector
However, the research house encourages investors to pick those with quality assets as it remains a tenant’s market.
Sime Darby Property, LOGOS Property JV achieves first close of US$250 mil development fund
The joint venture (JV) of Sime Darby Property Bhd and LOGOS SE Asia Pte Ltd (LOGOS Property), SDPLOG, on Friday announced the first close of its first US$250 million industrial development fund, which will go towards the development of sustainable and integrated modern logistics facilities with green building certification at its E-Metro Logistics Park in Bandar Bukit Raja, Klang.
Perak alternative expressway approved in principal by Cabinet but with conditions — report
The proposed by-pass Perak alternative expressway from Gopeng to Kuala Kangsar has been approved in principle by the Cabinet, according to a news report.
Dynaciate to buy property in Nilai from Sime Darby Property
The property belonging to Sime Darby Property (Nilai) Sdn Bhd in Setul district consists of a single-storey factory building with a two-storey office building, Dynaciate said in a stock exchange filing.
Tuju Setia unit secures RM257 mil construction project in Kajang
The contract, which was awarded by Daksina Harta Sdn Bhd, involves the construction of two blocks of serviced apartments (1,605 units) and two-storey retail shop lots (20 units), as well as one block of car park podium and related facilities at Lot 100961 Seksyen 9, Jalan Cheras in Kajang.
MRCB 1Q profit jumps 170%, lifted by LRT3 and property projects
Malaysian Resources Corp Bhd (MRCB) said its first quarter (1Q) net profit soared 170% to RM14.03 million from RM5.2 million a year ago, helped by the full consolidation of the Light Rail Transit 3 (LRT3) project.
Ekovest swings into the red in 3Q as construction business sees lower revenue
Ekovest Bhd reported a net loss of RM7.96 million for its third quarter ended March 31, 2022 (3QFY22), versus a net profit of RM27.54 million a year earlier, amid lesser contribution from its construction segment.
