Also contributing to the higher income and fair value gain on its properties of RM66.69 million, quarterly revenue was 10.47% higher to RM117.56 million from RM106.42 million last year.
Sime Darby Property Bhd saw its counter close at its highest since March 2022, and was actively traded on Monday (July 31).
The counsel for four Petaling Jaya residents who filed a judicial review action against the Selangor and federal governments over the Petaling Jaya Dispersal Link (PJD Link) project said they will adopt a wait-and see approach before considering withdrawing their legal action.
The Selangor state government has rejected the application for the Petaling Jaya Dispersal Link (PJD Link) project, said its caretaker Menteri Besar Datuk Seri Amirudin Shari.
Property developer Ibraco Bhd has secured a contract worth RM529.83 million to build the Sarawak Second Trunk Road.
The proposed mixed development along the Johor Bahru-Singapore Rapid Transit System (RTS) link by Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) and Hong Kong-based MTR Corp Ltd is expected to lift prices for other developments in the vicinity.
Sime Darby Property Bhd saw its counter rise to its highest since March 2022, and was actively traded on Monday morning (July 31).
Ivory Properties Group Bhd's external auditor Messrs UHY has flagged a material uncertainty that may cast significant doubt on the Penang-based property developer’s ability to continue as a going concern.
Construction outfit Vizione Holdings Bhd has reported a net loss of RM58.86 million for the sixth quarter ended May 31, 2023 (6QFY2023) on revenue of RM58.48 million.
Mass Rapid Transit Corp Sdn Bhd (MRT Corp) on Friday (July 28) inked a memorandum of understanding with Hong Kong's public transport operator and property developer MTR Corp Ltd to undertake a mixed development project on a land adjacent to the Rapid Transit System (RTS) Link's Bukit Chagar station in Johor Bahru.
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