KUALA LUMPUR (Aug 24): Eco World International Bhd announced that its board of directors decided today to declare and pay a first tranche dividend amounting to RM792,000,587.40, representing 33 sen per share as an interim dividend in respect of FY2023 (first interim dividend). In a media release, Eco World International stated that the declaration of…
Read MoreEastern and Oriental Bhd said its revenue increase was mainly attributed to the sales of the Arica project on Andaman Island in George Town, Penang. (E&O web pic) KUALA LUMPUR: Eastern and Oriental Bhd (E&O) has returned to the black in the first quarter for the financial year ending March 31, 2024 (Q1 FY2024) with…
Read MoreKUALA LUMPUR (Aug 23): NCT Alliance Bhd (NCT) posted a net profit of RM9.3 million in its second quarter ended June 30, 2023, on the back of a 20% increase in revenue to RM58.4 million. In a statement on Wednesday (Aug 23), the developer said the lower profitability was primarily due to higher staff costs…
Read MoreKUALA LUMPUR (Aug 22): MBSB Bank Bhd is suing Country Heights Holdings Bhd, following its default on the payment of Islamic term financing facilities totalling RM89.67 million, to recover the sum owed. In a bourse filing on Tuesday (Aug 22), Country Heights said the group had on Monday (Aug 21) received a writ of summons,…
Read MoreS P Setia Foundation provides care and support to B40 community, police and armed forces veterans “The initiative aims to improve the well-being of patients undergoing prolonged medical treatments and veterans of police and army forces who face mobility and health issues.” SETIA ALAM (Aug 23): The B40 community and veterans in need were feted…
Read MoreKUALA LUMPUR (Aug 23): AEON Co (M) Bhd’s net profit declined 36.15% to RM30.18 million for its second quarter ended June 30, 2023 (2QFY2023) from RM47.28 million a year earlier, mainly due to lower revenue and higher operating costs. Quarterly revenue slipped 5.7% to RM1.03 billion from RM1.1 billion last year after its retail business’…
Read MoreKUALA LUMPUR (Aug 22): Magna Prima Bhd is acquiring the remaining 30% stake in Magna Ecocity Sdn Bhd for a cash consideration of RM45.58 million. In a bourse filing on Tuesday (Aug 22), Magna Prima said it had on Tuesday inked a sale and purchase agreement with Lee Shu Shun for the proposed acquisition. Magna…
Read MoreKUALA LUMPUR (Aug 22): Chin Hin Group Property Bhd saw its net profit risen 91 times to RM5.83 million in the second quarter ended June 30, 2023 (2QFY2023), from RM64,000 a year ago, due mainly to higher work progress of the construction projects. According to its filing to Bursa Malaysia on Tuesday (Aug 22), its…
Read MoreKUALA LUMPUR (Aug 22): SkyWorld Development Bhd’s SkySierra Residences received 86% in Quality Assessment System in Construction (QLASSIC) score and 92.63% Safety and Health Assessment in Construction (SHASSIC) score for its high-rise residential development in Setiawangsa, Kuala Lumpur. It is also the highest score the company has received to date. In a press statement dated…
Read MoreKUALA LUMPUR (Aug 23): UOA Development Bhd (UOADev)’s earnings rose 41% to RM63.87 million or 2.65 sen per share in the second quarter ended June 30, 2023, from RM45.3 million or 1.95 sen per share a year ago due to higher other income, including investment income. In a filing to Bursa Malaysia on Wednesday (Aug…
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