OCR expects better outing in FY21


OCR managing director Billy Ong Kah Hoe (pic) said since resumptions of operations in June, the group had ramped up the construction activities of its property developments and increased efficiency to ensure its projects were able to meet the stipulated deadline

PETALING JAYA: OCR Group Bhd expects to post stronger financial performance for the financial year ending Dec 31,2021 (FY21), supported by higher sales and construction activities amid improving economic sentiment on gradual vaccination rollout, after a subdued FY20 performance.

The boutique integrated property developer noted its ongoing property development projects have experienced stronger buying interest in recent months, with Isola KLCC in Kuala Lumpur amassing take-up rate of 84%, while PRIYA Kuantan in Pahang was almost sold out.

Artist's impression of ISOLA KLCCArtist's impression of ISOLA KLCC

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

OCR Group , Billy Ong Kah Hoe , Priya , Isola ,

   

Next In Business News

Wall St set to open higher on tech boost, PCE data
US inflation rises in line with expectations in March
Gamuda Land announces retail partners for Gamuda Gardens
YNH reaffirms bondholders with remedied technical defaults
Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih

Others Also Read