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Hektar CEO: Understanding the market is the way to success

IN light of the sluggish property market currently, retail-focused Hektar Real Estate Investment Trust (Hektar REIT) is concentrating on improving the malls within its portfolio to adapt to the changes in the industry and remain competitive.

Golden win: Hisham (left) receiving the Gold Award under the ‘Retail REIT’ category at the Asia Pacific Best of The Breeds REITs Awards 2018.

MIDF expects strong final quarter for Eco World

KUALA LUMPUR: Eco World Development Group's 9MFY18 core net income of RM98.7mil came in within MIDF Research's expectations despite making up only 61% and 57% of its and consensus full-year estimates.

Scientex posts record net profit and revenue

PETALING JAYA: Scientex Bhd has recorded the strongest performance in its corporate history for both its fourth quarter and full year ended July 31, 2018.

“These manufacturing facilities give us geographically diverse exposure across key customer markets in Asia and the Americas,” said Scientex managing director Lim Peng Jin(pic)

Selangor Properties Q3 profit jumps 70%

PETALING JAYA: Selangor Properties Bhd (SPB) has registered a 70% growth in net profit to RM33.2mil for the third quarter ended July 31, 2018 (3Q18), compared to the corresponding quarter last year.

In a Bursa Malaysia filing, SPB said it was increasing marketing efforts to drive sales of units in AIRA Residence project. (File pic shows model of Aira Residence project)