Sime Darby Property said it had recorded sales totalling RM1.5 billion, representing 65% of its previously lower RM2.3 billion sales target for FY2023. It said the industrial segment was the key contributor with 40% or RM597.0 million of total sales achieved in 1HFY2023. KUALA LUMPUR (Aug 28): Sime Darby Property Bhd, having raised its sales target of…
Read MoreKUALA LUMPUR (Aug 25): Berjaya Land Bhd (BLand) returned to the black with a net profit of RM148.8 million for the year ended June 30, 2023 (FY2023) on the back of higher revenue, after three consecutive years of losses. The group had reported net losses of RM242.96 million for FY2022, RM247.64 million for FY2021 and…
Read MoreKUALA LUMPUR (Aug 25): Kerjaya Prospek Property Bhd’s net profit for its first financial quarter ended June 30, 2023 (1QFY2024) was flat at RM21.79 million or 5.89 sen per share, against RM21.72 million or 5.50 sen per share a year ago. Quarterly revenue rose 4.6% to RM91.28 million from RM87.28 million for 1QFY2023, on higher…
Read MoreKUALA LUMPUR (Aug 28): Sime Darby Property Bhd has revised up its sales target of RM2.3 billion to RM2.7 billion, and its gross domestic product (GDV) launch target of RM3.0 billion to RM4.0 billion, for the financial year ending Dec 31, 2023 (FY2023). It said this in a statement to the local bourse on Monday…
Read MoreKUALA LUMPUR (Aug 28): Co-working and flex space provider WORQ officially launched its seventh co-working space in Menara UOA Bangsar, Kuala Lumpur last Friday (Aug 25). The new outlet has achieved 70% occupancy prior to its launch. Officiating at the new outlet opening ceremony last Friday, Ikhlas Capital chairman and founding partner Tan Sri Nazir…
Read MoreKUALA LUMPUR (Aug 25): Cagamas Bhd on Friday (Aug 25) signed a memorandum of understanding (MOU) with the Mortgage Refinancing Company of Uzbekistan (UzMRC) to exchange knowledge and experience in developing viable housing finance models for the growth of the secondary mortgage finance market in Uzbekistan. According to a press statement issued on Friday, the…
Read MoreKUALA LUMPUR (Aug 25): Construction of the East Coast Rail Link (ECRL) project has achieved 48.77% progress, said Malaysia Rail Link Sdn Bhd (MRL) chairman Tan Sri Mohd Zuki Ali (pictured). The chief secretary to the government said the progress was in line with the development of the project from Kota Bharu, in Kelantan, to…
Read MoreKUALA LUMPUR (Aug 24): Eupe Corp Bhd remains “on track to return to double-digit revenue and profit growth as it continues to successfully execute its expanded project pipeline”. This was revealed by group managing director Datuk Beh Huck Lee today at the group’s annual general meeting. In a media release, Beh mentioned that results for…
Read MoreKUALA LUMPUR (Aug 24): SkyWorld Development Bhd has partnered with Maybank to offer MyDeco, an innovative home interior makeover financing scheme, to all SkyWorld’s homeowners. According to a media release by SkyWorld, the collaboration provides its homeowners with “a seamless solution for enhancing their living spaces”. Maybank MyDeco is a “first-of-its-kind, home renovation financing scheme…
Read MoreKUALA LUMPUR (Aug 24): Developer Arte Corp is collaborating with AFFIN BANK Bhd to provide homebuyers with financing solution via the AFFIN Home Step Fast/i campaign. In a media release today, Arte Corp stated the many benefits of the AFFIN Home Step Fast/i such as: i) the option for lower monthly repayments for the initial…
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