KJTS 3Q net profit drops 46% as administrative expenses increase
Net profit for the quarter ended Sept 30, 2024 (3QFY2024) dropped to RM2.01 million from RM3.76 million previously.
IJM Corp announces RM283m deal to buy 50% stake in UK-based JRL
IJM Corp said the transaction involves its subscription to 50% of the enlarged equity interest in JRL.
KLCCP Stapled Group’s 3Q net profit rises 11%, declares 9.2 sen dividend
KLCCP Stapled Group (KL:KLCC) said its third-quarter net profit rose 11.44% year-on-year, driven by strong performances across its business segments, particularly the retail and hotel division.
COA allows admission of RM525m property sale evidence in Crest winding-up termination appeal
The Court of Appeal (COA) here on Monday allowed the liquidator of Crest Worldwide Resources Sdn Bhd to adduce fresh evidence in SKN Land & Development Sdn Bhd’s (SKN L&D) appeal against the High Court’s decision to dismiss an application to terminate Crest’s winding-up.
Phase one of KL Wellness City mixed-use development in Bukit Jalil is 40% completed
The first phase of the 26.5-acre KL Wellness City mixed-use development in Bukit Jalil is 40% completed, said KL Wellness City executive director of branding, sales and marketing Datuk Seri Vincent Tiew at a press conference at KL Wellness City Gallery on Monday.
IJM Corp may acquire 50% stake in troubled UK construction firm JRL
IJM Corporation Bhd (KL:IJM) may acquire a 50% stake in financially troubled UK-based construction firm JRL Group, according to multiple news reports.
Additional rooftop solar quota for M'sian businesses, households
The government has increased the rooftop solar capacity by another 300MW for the commercial and industrial segment, and by 50MW for households.
Lagenda Properties secures right to develop another Kota Tinggi plot for RM99.62 mil
Lagenda Properties Bhd (KL:LAGENDA) said on Friday that an indirectly owned subsidiary of the company has secured the right to develop a 139-acre land in Kota Tinggi, Johor, for RM99.62 million, cash. The final purchase price may still vary.
Vizione quits RM116 mil hotel construction job over alleged unpaid works
Vizione Holdings Bhd (KL:VIZIONE) said its unit has served a notice to Inspirasi Langkawi Sdn Bhd to terminate its employment as main contractor for the development of a 14-storey hotel in Langkawi, claiming it had not been properly paid for its works so far.
Lingerie maker Classita to diversify into property investment
Loss-making Classita Holdings Bhd (KL:CLASSITA) is mulling diversifying into the property investment business as it foresees growing demand.
