IJM Corp’s continuing operations turn positive in 2Q
The improvement in profitability came on the back of higher revenue and profit before tax, following the full resumption of business activities during the quarter.
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IGB’s Robert Tan to step down as group CEO effective Jan 1
Robert will remain with the group in the role of a non-independent, non-executive director to facilitate the change in leadership during the transition.
Chin Hin's 3Q net profit swells six times to RM16m
The resumption of business activities contributed to a hike in revenue, especially in the distribution of building materials and logistics services division, as well as the concrete manufacturing division.
London is top city with the most beautiful homes in Europe, according to Pinterest
London recorded “a whopping 68,531 pins, twice as many as the next most pinned city”, making UK’s capital No 1 with the most beautiful homes in Europe.
IJM Land renovates home for underprivileged family
The one-and-a-half-month renovation work involved painting, fixing and replacing new roofing, providing a well-equipped toilet and installing a septic tank with underground piping, repairing external timber walls and replacing them with cement sand board, installing precast concrete drain and chain link fencing with gate.
MBSB swings to the black in 3Q amid lower expected credit losses on loans
Better earnings for the quarter were attributed to lower expected credit losses on loans, financing and advances as well as other impairments, which were down by 59% from RM249 million in 3QFY2021 to RM103.4 million in 3QFY2022.
Berjaya Land returns to profit in 1QFY2023 as revenue grows
Berjaya Land Bhd (BLand) returned to the black in the first quarter ended Sept 30, 2022 (1QFY2023), posting a net profit of RM8.45 million versus a net loss of RM74.3 million in the same period a year ago.
YTL Hospitality REIT’s 1QFY23 income available for distribution increases 73% y-o-y
YTL Hospitality Real Estate Investment Trust (YTL Hospitality REIT)’s income available for distribution for the quarter ended Sept 30, 2022 (1QFY23) increased 72.74% year-on-year to RM30.95 million, despite the REIT recording net property income that was at the same level as the corresponding quarter in FY2022.
Things to know before buying a strata home
Condos, apartments, serviced residences – these are becoming popular choices for urbanites, but many are not equipped with the basic knowledge of being a strata property owner.
80% of Strata Management Tribunal claims are fee related
Of the six common types of claims in the Strata Management Tribunal (SMT), 80% are related to collection or payment of fees, including maintenance charges and contributions, debts and interests, and unit shares.
