Malaysian Resources Corp Bhd (MRCB) posted a jump of 278.4% to RM15.65 million in the first quarter (Q1) ended March 31, 2020 from RM4.14 million recorded in the same quarter last year. Revenue increased by 82% to RM425.75 million from […]
Gamuda Bhd has not declared a regular interim dividend payout after the company posted a sharp decline in third-quarter earnings. In a filing with Bursa Malaysia on June 24, the company’s net profit in the third quarter ended April 30 […]
Despite the headwind in the economic environment worsened with the Covid-19 pandemic, KLCC Property Holdings Bhd (KLCCP) is confident that its office segment will remain stable moving forward. KLCCP CEO Datuk Hashim Wahir said although there were massive uncertainties lying […]
The government of Selangor has decided to extend the period for land premium payments to September 30 for notices expiring from January 1 to 9 June 2020 in a bid to alleviate the economic pressures brought about by the Covid-19 […]
IJM Corp Bhd’s upcoming earnings are likely to be sluggish due to weak property market sentiment and delays in construction billings. In a recent research note, Affin Hwang Investment Bank Bhd said there is a possibility IJM’s 4Q20 results could […]
Sime Darby Property Bhd’s latest project Elmina Green Three has achieved 85% take-up rate within 15 minutes of its preview for 187 units of the first two phases. Elmina Green Three is the latest phase of freehold two-storey houses in […]
Online e-commerce platform, Lazada and Hi HOME are teaming up to launch the Hi HOME Property Expo to offer property deals for as low as RM110,000. The first online property expo in South-east Asia, held in conjunction with mid-year 7.7 […]
The Ministry of Housing and Local Government (KPKT) has approved a total of RM31.7 mil in maintenance funds for Penang as of June this year. State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said 75 […]
A real-estate fintech platform, MHub is set to help developers and those in the property ecosystem in accelerating their adoption of digital and virtual technology. During a recent virtual interview with Bernama, co-founder Jason Ding said this includes helping property […]
Property developer, UEM Sunrise Bhd has acquired a prime development site at 21-53 Hoddle Street, Collingwood, Melbourne for AU$43 mil (RM126 mil). The 5,390 sq metres inner east site was purchased from Jowett Properties and will be transformed into a […]
