BY P. ARUNABakke: ‘We will close the year around 3% or 4% higher than last year.’KUALA LUMPUR: Sime Darby Bhd recorded a 5.4% higher net profit to RM699mil for its third quarter ended March 31, while revenue jumped 21.6% to RM12.4bil, mainly on the back of higher crude palm oil (CPO) prices.CPO...

BY INTAN FARHANA ZAINULPETALING JAYA: Mah Sing Group Bhd, which reported a net profit of RM90.42mil in the first quarter ended March 31, says it plans to buy more land in the Klang Valley area.The property developer is targeting to increase its land bank’s gross development value (GDV) in the...

Lee: ‘Our current property offerings, including the Aria KLCC, have seen encouraging take-up rates in spite of the slowdown in demand for high-end developments.’KUALA LUMPUR: Hap Seng Consolidated Bhd expects its tile manufacturing unit to significantly boost revenue of the company’s building...

BY M. HAFIDZ MAHPARMRCB's subsidiary Rukun Juang is regenerating the Bukit Jalil National Stadium (above) and other facilities at the National Sports Complex, for which it will receive three parcels of land in the vicinity of the complex.KUALA LUMPUR: The Employees Provident Fund (EPF) is taking an...

BY M. HAFIDZ MAHPARCountry Garden Malaysia regional chief executive officer Fu Jinling (right) and DRealty CEO Brian Iskandar Zulkarim (left) looking at the property scale model of Country Garden Central Park in March.KUALA LUMPUR: Damansara Realty Bhd’s (DRealty) external auditors have warned of...

BY TEE LIN SAYPETALING JAYA: There was an off-market transaction of 61.068 million shares or a 37.5% stake of M-Mode Bhd at the price of 30 sen a share yesterday, suggesting that its single largest shareholder and group managing director Datuk Lim Thean Keong is exiting the company.Lim is the...

BY LEONG HUNG YEEMah Sing group managing director Tan Sri Leong Hoy Kum.KUALA LUMPUR: Mah Sing Group Bhd posted a net profit of RM90.42mil on the back of RM723.5mil revenue in the first quarter ended March 31, 2017 (Q1, FY17).The property developer’s pre-tax profit rose 6.9%, or RM7.8mil to...

BY JOSEPH CHINSime Darby president and group chief executive, Tan Sri Mohd Bakke Salleh said the group’s year-to-date results for FY2017 have largely been supported by higher crude palm oil (CPO) prices.KUALA LUMPUR: Sime Darby posted earnings of RM699mil in the third quarter ended March 31,...

// // // Most people consider success as going to a good school and achieving good results as the pathway to success.But once we step foot into the society, we would know there are abundant opportunities for people to achieve success in various field. The setbacks and failure could ultimately...

PETALING JAYA: Ekovest Bhd’s net profit for its third quarter ended March 31, 2017 was flat at RM11.06mil compared with RM11.08mil in the previous corresponding period, while revenue in the third quarter rose to RM291.75mil from RM184.77mil a year earlier.In a filing with Bursa Malaysia...