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Third quarter growth at 4.4%

Contrary to market prediction, Malaysia’s economy grew at a marginally slower pace in the third quarter, instead of picking up pace.

Nor Shamsiah: Growth was affected by lingering commodity-specific supply shocks. — Bernama

Mah Sing posts RM64mil profit in third quarter

PETALING JAYA: Mah Sing Group Bhd recorded a net profit of RM64.23mil in its third quarter ended Sept 30, compared with RM92.31mil in the previous corresponding period.

Mulpha to distribute shares in Mudajaya as dividend

KUALA LUMPUR: Mulpha International Bhd has proposed to distribute its entire stake in Mudajaya Group Bhd to its shareholders as dividend on the basis of one Mudajaya share for every 3.537 Mulpha shares held.

Mah Sing posts RM64.2mil net profit in Q3

KUALA LUMPUR: Mah Sing Group Bhd is looking to launch new projects in the Klang Valley area, focusing on affordable homes segment where demand is said to be the strongest, after earnings in the third quarter declined.

KLCI moves ahead on GDP results

KUALA LUMPUR: Bursa Malaysia ended the morning session firmer, boosted by gains in index-linked counters coupled despite the slower third quarter gross domestic product (GDP) growth announced earlier.

Economy expands at 4.4% in Q3, slower on-year

KUALA LUMPUR: Malaysia’s economy expanded at 4.4% in the the third quarter ended Sept 30, which is slower than the 6.2% a year ago and below economists' expectations of 4.6%.

Malaysia’s economy expanded at 4.4% in the the third quarter ended Sept 30, which is slower than the 6.2% a year ago.

Nod for National Housing Policy

PETALING JAYA: The National Housing Policy has been approved by the Cabinet two weeks ago, said National Housing Department director-general N. Jayaselan, and its main thrust is the separation of public and private housing, with an emphasis on renting.

“So the issue today is more than just whether a buyer has the capability to pay the downpayment of a house. It is also whether he can finance the loan and whether he can pay for the house’s monthly maintenance,” Jayaselan(pic) said at Rehda Selangor Housing Convention.

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