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 MAHPARBotanika Bayu Puteri in Johor is an ongoing project by IWCity.KUALA LUMPUR: Iskandar Waterfront City Bhd (IWCity) swung to an operating profit of RM2.02mil in the first quarter ended March 31, 2017, from a RM182,000 loss a year ago.However, a one-off corporate expense of...

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 EUGENE MAHALINGAMProperty fair: Wong (second from right) shaking hands with I-Bhd executive chairman Tan Sri Lim Kim Hong at the launch of the StarProperty.my Fair (i-City Edition). With them are Star Media Group Bhd property business unit assistant general manager Ernest Towle (left), i-City...

BY SHALINI RAVINDRANRooftop gardens will improve the environment and quality of life. - filepicWHEN a city needs green space but there is no room, what can it do? Go up, of course.Urban regeneration organisation Think City has embarked on a pilot project to promote the creation of rooftop and...

Haphazard parking along Jalan Tengku Kelana leads to daily traffic congestion. — Photos: FAIHAN GHANI/The StarTHE Klang Municipal Council (MPK) should adopt a more people-friendly approach when redesigning Jalan Tengku Kelana, the main street of Klang’s Little India.Independent Urban design...

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 CHONG KAH YUANAssemblymen, DID and management body staff inspecting the retention pond behind Sri Impian Apartments in Bandar Baru Air Itam.The state has identified the cause of the recent flash floods which hit Lebuhraya Thean Teik in Bandar Baru Air Itam, Penang.“The area was hit by flash...