Boustead sets June 28 for delisting from Bursa Malaysia
Boustead Holdings Bhd is set to be delisted on June 28 from the Main Market of Bursa Malaysia Securities Bhd.
Analysts maintain 'buy' calls on Gamuda as 3Q earnings meet expectations, expect more job wins
Analysts have kept their "buy" calls on Gamuda Bhd, following its results for the third financial quarter ended April 30, 2023 (3QFY2023), which largely met expectations.
EcoWorld on track to achieve RM3.5 bil sales target in FY2023, say analysts
Eco World Development Bhd (EcoWorld) is on track to meet its sales target of RM3.5 billion in the financial year 2023 (FY2023) as it has achieved 68.5% of the target, which is about RM2.4 billion secured in the first seven months of FY2023, according to analysts.
Lin Yun Ling continues as Gamuda’s group MD until mid-2028
Gamuda Bhd has renewed Datuk Lin Yun Ling's contract as group managing director, a post he has held for over four decades, for another five years until mid-2028.
Gamuda's 3Q net profit edges up to RM223.36 mil on stronger overseas earnings, pays six sen dividend
Gamuda Bhd’s net profit for the third quarter ended April 30, 2023 (3QFY2023) edged up 0.85% to RM223.36 million from RM221.49 million a year ago, on the back of stronger overseas construction earnings.
JKG’s 1Q net profit up 24.2% upon rise in property development earnings
JKG Land Bhd posted a 24.2% increase in net profit for its first quarter ended April 30, 2023 (1QFY2024) to RM2.25 million from RM1.81 million a year ago, driven by improved revenue from its property development segment.
Gamuda kicks off Penang South Island reclamation with RM3.7b Phase 1 works
The Penang South Island (PSI) reclamation project, which has been scaled down from three islands to one following a request from the prime minister, will finally kick off with Gamuda Bhd starting Phase 1 of the reclamation works worth RM3.717 billion on July 1.
Furniture maker AHB plans to venture into building materials, machineries after property development
After recently diversifying into property development, office furniture maker AHB Holdings Bhd has proposed to also diversify into the trading of building materials, machineries and equipment in view of rising costs in the increasingly competitive furniture business.
Nomura ‘negatively surprised’ by collapse of Genting Malaysia’s sale of Miami land
Nomura Research said it was “negatively surprised” by the news of the collapse of the proposed sale by Genting Malaysia Bhd (GenM) of a 15.5-acre block of land in Miami, Florida for US$1.23 billion.
Sunsuria buys 80% in Mayer Land to take part in two Rumah Selangorku projects and a mixed development in Penang
Sunsuria Bhd’s unit is acquiring 80% equity interest in property developer Mayer Land Sdn Bhd (MLSB) for RM800,000 that will enable it to participate in two Rumah Selangorku projects and a mixed development in Penang that have been awarded to MLSB.
