WORQ achieved 70% occupancy for its seventh outlet prior to launch
Co-working and flex space provider WORQ officially launched its seventh co-working space in Menara UOA Bangsar, Kuala Lumpur last Friday (Aug 25).
Focus of catalytic developments will shift to M'sia-S'pore Second Link, says RHB Research
More catalytic developments will likely shift to the vicinity of the Malaysia-Singapore Second Link as there is more land and well-developed infrastructure and connectivity, said RHB Research in a note on Monday (Aug 28).
Berjaya Land back in the black after three straight years of losses
Berjaya Land Bhd (BLand) returned to the black with a net profit of RM148.8 million for the year ended June 30, 2023 (FY2023) on the back of higher revenue, after three consecutive years of losses.
Kerjaya Prospek Property posts flat 1Q net profit
Kerjaya Prospek Property Bhd's net profit for its first financial quarter ended June 30, 2023 (1QFY2024) was flat at RM21.79 million or 5.89 sen per share, against RM21.72 million or 5.50 sen per share a year ago.
Cagamas and UzMRC to develop financing for affordable housing
Cagamas Bhd on Friday (Aug 25) signed a memorandum of understanding (MOU) with the Mortgage Refinancing Company of Uzbekistan (UzMRC) to exchange knowledge and experience in developing viable housing finance models for the growth of the secondary mortgage finance market in Uzbekistan.
Court extends Vincent Tan’s restraining order against Kedah MB until Oct 25
The Shah Alam High Court has extended Berjaya Corp Bhd (BCorp) founder and adviser Tan Sri Vincent Tan's restraining order against Kedah Menteri Besar Datuk Seri Muhammad Sanusi Md Nor over alleged defamatory remarks the politician made concerning the Selangor Maritime Gateway (SMG) project.
Eco World International among top active stocks after declaring bumper dividend
Eco World International Bhd (EWI) was among the five most active counters in the early session on Friday (Aug 25), as it saw 34.15 million shares changing hands, more than 23 times its average trading volume, after declaring its first interim dividend of 33 sen the day prior.
Eco World International declares bumper dividend; three shareholders stand to receive RM550m
Eco World International Bhd is giving out a RM792 million dividend or 33 sen per share next month, with three of its largest shareholders entitled to nearly 70% or RM550.76 million.
Sunway's 2Q earnings fall on lower contribution from property investment
Sunway Bhd’s net profit fell 7.2% to RM149.93 million in the second quarter ended June 30, 2023 (2QFY2023), from RM161.49 million a year earlier, as lower contribution from property investment and other operating income more than offset a rise in revenue.
UOA Development’s earnings rise 41% in 2Q on higher other income
UOA Development Bhd (UOADev)’s earnings rose 41% to RM63.87 million or 2.65 sen per share in the second quarter ended June 30, 2023, from RM45.3 million or 1.95 sen per share a year ago due to higher other income, including investment income.
