Tropicana Corp registers higher 2Q profit before tax
Tropicana Corp Bhd’s profit before tax (PBT) for Q22024 rose to RM76.1 million compared to RM1.8 million in the corresponding quarter last year.
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MBAM: Construction players should embrace technology disruption and focus on sustainability
As the challenges faced by the construction industry are more complex than ever, Master Builders Association Malaysia (MBAM) president Oliver Wee Hiang Chyn urges industry players to embrace the disruption of technology and advocate for sustainability.
India’s Eros Investments to invest US$1b in AI park, film studio in Malaysia, says Gobind
India’s Eros Investments Ltd, along with its Immerso AI-IP division, is set to invest US$1 billion (RM4.33 billion) to establish an artificial intelligence (AI) park and film studio in Malaysia, according to a statement from Malaysia’s Ministry of Digital on Thursday.
KLCCP Stapled Group's 2Q net profit up 5.7%, declares 9.2 sen dividend
KLCCP Stapled Group Bhd (KL: KLCC) said its second quarter net profit rose 5.67% to RM191.06 million from RM180.8 million a year ago, on the back of commendable performances from all businesses, especially the retail and hotel segments.
IOI Properties turns down offer to buy Shenton House from CEO but will manage its redevelopment
IOI Properties Group Bhd (KL:IOIPG) has declined the offer to purchase Singapore commercial property Shenton House from its chief executive officer and major shareholder Lee Yeow Seng.
SkyWorld accepts LOA to build PR1MA homes in Brickfields
SkyWorld Development, via wholly owned subsidiary Aspirasi Cekap Sdn Bhd (ACSB), has received a letter of acceptance (LOA) from PR1MA to build homes in Brickfields.
Sentoria maintains CEO Loh Yuen Tuck repudiated his own service contract as it confirms his departure
Sentoria Group Bhd (KL:SNTORIA) has confirmed on Wednesday the departure of its chief executive officer Datuk Loh Yuen Tuck from the company via a bourse filing. It also maintains that it does not accept Loh's constructive dismissal claim, saying it was Loh who repudiated his own service contract.
IOI Properties’ 4Q net profit more than quintuples on revaluation gain; to focus on trimming inventory
IOI Properties Group Bhd (KL:IOIPG) said on Wednesday its net profit jumped more than five times in the fourth quarter from a year earlier thanks largely to a revaluation gain.
AME Elite’s 1Q net profit drops 37% on lower property, construction contributions
AME Elite Consortium Bhd's (KL:AME) net profit for its first quarter ended June 30, 2024 (1QFY2025) dropped 36.7% to RM14.72 million from RM23.27 million a year earlier, due to lower contributions from property development and construction services, as well as share of loss from joint ventures.
Bina Darulaman sued over stray golf balls trespassing into private property
Bina Darulaman Bhd (KL:BDB), Kedah state government’s investment holding company, said it is facing a lawsuit over alleged trespassing of stray golf balls into a private property in the state.
