Mah Sing Group Bhd's first quarter (1Q) net profit rose 7.19% to RM43.18 million from RM40.28 million a year earlier, on higher revenue from its property development business.

Ekovest Bhd reported a net loss of RM7.96 million for its third quarter ended March 31, 2022 (3QFY22), versus a net profit of RM27.54 million a year earlier, amid lesser contribution from its construction segment.

Malaysian Resources Corp Bhd clarified on Tuesday (May 31) that no proposal or offer has been received by the group so far regarding any potential restructuring of the group.

Set up in September 2020 with funding and talent by Sunway Property and Sunway Education Group, Sunway XFarms has nourished more than 1,800 families with over 15,000 kg of leafy vegetables grown and harvested right from the urban farm in Sunway's flagship smart sustainable city Sunway City Kuala Lumpur since its inception.

BDB said the division posted a pre-tax loss of RM3.9 million in the current quarter under review compared with a pre-tax profit of RM700,000 a year ago, due to lower margins from construction activities and road paving works.

Short-term rentals and homestays have their costs and consequences, as well as bouquets and brickbats. A discussion on whether a ban is the right way forward typically ends up with an emotionally charged “yea” or “nay”, depending on one’s personal interest and experience, good or bad.

The interchange is located at the intersection of Lebuh Puteri and Persiaran Puteri, which is in front of IOI Galleria @ Puchong. The length of the 2-phase project is 2.35km and involves a total investment of RM90 million, which was wholly-funded by IOI Properties to improve traffic flow and connectivity in Bandar Puteri Puchong.

The group's revenue grew 10.73% to RM168.1 million from RM151.81 million, its bourse filing showed. Earnings per share rose to 0.81 sen from 0.37 sen. No dividend was declared.

Sunway’s property development segment reported a 13.2% year-on-year (yoy) increase in profit before tax (PBT) to RM23.41 million, due to higher progressive profit recognition from its Singapore private condominium projects, which offset lower profit contribution from local development projects.

This resulted in lower earnings per share of 7.58 sen for FY22 compared with 8.35 sen for FY21.