Higher finance costs, losses from associated companies drag Berjaya Land into the red in 2Q
Quarterly revenue, however, was only marginally down by 0.28% at RM1.687 billion, compared with RM1.692 billion in 2QFY2023.
Cahya Mata Sarawak 4Q net profit up 71% as cement business returns to profitability
Revenue for the quarter ended Dec 31, 2023 rose 7.86% year-on-year to RM332.65 million from RM308.4 million.
MCE to dispose of land in Setia Alam for RM44m cash
The land, measuring approximately 13,263.38 sq m, was purchased by MCE in 2014 from Bandar Setia Alam Sdn Bhd.
TH Properties and MRCB launch Padang Residences in RM3.09b Kota Semarak mixed development in KL
TH Properties Sdn Bhd and Malaysian Resources Corp Bhd (MRCB), through a 70:30 joint-venture company named 59 Inc Sdn Bhd, officially launched serviced apartment Padang Residences on Monday, according to a press statement.
YTL Corp shares hit another fresh high as rally extends
Shares in YTL Corp Bhd hit another new record high on Monday, as investors continued to accumulate the utilities-to-resorts conglomerate’s stock following stellar earnings.
Ancubic Group unveils sales gallery for Ancubic Harmoni mixed-use development in Tanjung Dua Belas, Selangor
Ancubic Group unveiled the sales gallery of its Ancubic Harmoni mixed-use development in Tanjung Dua Belas, Selangor on Sunday.
Metrojaya at Mid Valley Megamall to close for renovation from Feb 27
Malayan United Industries Bhd’s (MUI Group) Metrojaya department store at Mid Valley Megamall will close for renovations from Tuesday, and will be rebranded to MJ by Metrojaya when it reopens in September, according to a press statement last Friday.
SC extends REITs' annual report timeline to four months
The Securities Commission Malaysia (SC) has announced an extension to the deadline for issuing a real estate investment trust's (REIT) annual report.
Landmarks unit's receiver and manager finds buyer for Langkawi luxury resort
Landmarks Bhd said a buyer has been found for its wholly-owned unit Andaman Resorts Sdn Bhd's (ARSB) luxury resort, The Andaman, in Langkawi.
Eastern & Oriental may extend uptrend, says RHB Retail Research
RHB Retail Research said Eastern & Oriental Bhd may extend its uptrend after undergoing a bullish breakout.
