KUALA LUMPUR: Mainboard-listed property developer Mulpha Land said full financial year profits rose to RM4.5 million from RM1.44 million a year earlier on the back of decreased revenue to RM13.5 million from RM15.16 million for the financial year ending Dec 31, 2010.

KUALA LUMPUR: Mainboard-listed property developer OSK Property Holdings Bhd saw its full financial year profits after tax dropping to RM5.06 million from RM8.31 million a year earlier. The reduced profits were on the back of increased revenue to RM125.85 million from RM106.66 million in its previous financial year ending Dec 31, 2008.

KUALA LUMPUR: A&M Realty Bhd’s net profit for the fourth quarter ended Dec 31, 2009 (4QFY09) plummeted 80% to RM2.88 million from RM14.87 million the previous year, due to land disposal in the preceding year.

In a filing to Bursa Malaysia on Feb 23, its revenue for the quarter increased 7.8% to RM34.63 million, from RM32.12 million a year earlier.

KUALA LUMPUR: Ken Holdings Bhd saw the net profit for its fourth quarter ended Dec 31, 2009 (4QFY09) double to RM4.75 million, from RM2.28 million a year earlier, despite the lower revenue.

PETALING JAYA: Plenitude Bhd posted a significant jump for its net profit to RM23.1 million in its second quarter ended Dec, 31, 2009, a 126% surge from the previous year’s corresponding quarter.

Its revenue soared 202% to RM109.4 million against the previous year’s corresponding quarter.

KUALA LUMPUR: Selangor Dredging Bhd (SDB) registered a higher profit before tax of RM6.34 million in its third quarter ended Dec 31, 2009 compared with RM3.53 million recorded in the preceding quarter.

KUALA LUMPUR: Loh & Loh Corp posted a pre-tax profit of RM39.738 million in its financial year ended Dec 31, 2009, higher than the RM32.347 million in the previous year. Revenue however, declined to RM250.569 million from RM307.218 million.

* MONITOR

HONG KONG: At the time, it looked like a woefully bad call. Last Friday (Feb 19), Monitor argued that Hong Kong's asset markets would remain buoyant this year even if the US Federal Reserve were to begin raising interest rates sooner than generally expected.

KUALA LUMPUR: The Information Communication and Culture Ministry will expose the states and local authorities (PBTs), which are dilly-dallying in approving the construction of telecommunication towers in their respective areas.

BANGKOK: Thailand will not renew property tax breaks when they expire at the end of March as the economy is recovering, but it will maintain some subsidies aimed at helping poorer people, the finance minister said on Feb 23.