Bina Puri JV gets RM72.85 mil sub-contract from Public Works Department
Bina Puri Holdings Bhd’s joint venture company has secured a sub-contract worth RM72.85 million under a Public Works Department project in Mukah.
CGS-CIMB positive on Sime Darby Property's green energy initiative
CGS-CIMB has maintained its "add" rating of Sime Darby Property Bhd at 59 sen, with an unchanged target price of 73 sen, and said it was positive on the developer's plans to introduce solar solutions for townships by leasing rooftops from homebuyers to instal solar panels, and supply to offtakers.
Pavilion REIT's 2Q net property income up 21%, declares 0.76 sen DPU
Pavilion Real Estate Investment Trust (Pavilion REIT) said its net property income (NPI) for the second quarter ended June 30, 2023 (2QFY2023) rose 21.54% to RM101.01 million, up from RM83.11 million a year ago, on the back of higher revenue.
CGS-CIMB upbeat on construction sector as HSR project gains traction
CGS-CIMB remained upbeat on the construction sector with an “overweight” call as the KL-Singapore High Speed Rail (HSR) project gains traction.
Oriental Interest's 3Q earnings down 42% on higher staff costs
Oriental Interest Bhd (OIB) registered a net profit of RM12.4 million in the third quarter ended May 31, 2023 (3QFY2023), a 42.24% decline from RM21.46 million a year earlier, due to higher staff costs as the group sought further expansion.
Top Builders Capital to delist from Bursa Malaysia on Aug 8 if no appeal by Aug 3
Shares of piling and engineering firm Top Builders Capital Bhd will be delisted from the Main Market of Bursa Malaysia on Aug 8.
Over 700 local and foreign industry players attend KL-Singapore HSR briefing
The Kuala Lumpur-Singapore High Speed Rail (KL-SG HSR) request for information (RFI) briefing on Thursday (July 27) attracted over 700 representatives from local and international companies, as well as foreign missions, said MyHSR Corp Sdn Bhd.
Tropicana Corp's half-year property sales surpass target to hit RM650m
Tropicana Corp Bhd has surpassed its property sales target, hitting RM650 million in the six months ended June 30, 2023 (1HFY2023) as property bookings soared above RM1.3 billion.
MBSB CEO says unaware if ex-KWAP CEO will be brought in to chair MBSB-MIDF
The newly appointed chief executive officer of Malaysia Building Society Bhd (MBSB), Rafe Haneef, said he has not received any official word that Datuk Wan Kamaruzaman Wan Ahmad, formerly the chief executive officer (CEO) of Retirement Fund Inc (KWAP), would be appointed chairman of the enlarged Malaysia Building Society Bhd (MBSB) and Malaysian Industrial Development Finance Bhd (MIDF) group.
Khazanah's UEM Group to partner local and foreign investors to develop 1GW solar plant — Asean's largest
Khazanah Nasional Bhd's wholly owned UEM Group Bhd, in collaboration with local investor Itramas Corp Sdn Bhd — and with the potential participation of several foreign investors — is developing a 1GW hybrid solar photovoltaic power plant in Malaysia that will be integrated with a renewable energy (RE) industrial park.
