Batu Kawan 3Q net profit jump 82% to RM387m on higher revenue
Batu Kawan’s property development profit improved to RM15.5 million, from RM7.63 million in 3QFY20, as revenue climbed to RM33.36 million from RM15.13 million
Batu Kawan’s property development profit improved to RM15.5 million, from RM7.63 million in 3QFY20, as revenue climbed to RM33.36 million from RM15.13 million
Dr Noor Hisham previously said new Covid-19 infections in the country were expected to increase as Delta variant cases had been detected in almost every state, adding that the variant could spread faster via airborne transmission and had an infectivity rate of five to eight in R0 value.
Just two months ago on June 3, the group announced it had secured four piling contracts worth approximately RM108 million (S$34.5 million), also in Singapore.
Malaysia has reported 1.44 million cumulative cases since the pandemic was first detected in Malaysia last year.
Madinah has over 35 years of experience in the public service, including as the secretary-general of the Ministry of Science, Technology & Innovation and the Ministry of Education.
The estimated gain from the disposal of the 603 acres of land to MDCon (Simpang Empat) Sdn Bhd is RM45.53 million
The deal was signed with Aturan Prisma Sdn Bhd, which has obtained approval from the relevant authority to take over as the registered proprietor of the land from PR1MA.
The plots have a combined land area of 8,899 sq metres and a combined gross floor area of 5,235 sq metres
Selangor still topped the list with most Covid-19 infections at 5,706, followed by Sabah (1,728), Kedah (1,592), Sarawak (1,566), and Johor (1,510).
The private placement involves an issuance of up to 101.06 million new units, representing up to 20% of the total number of 505.3 million units issued to the independent investors to be identified at a later date.