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KUALA LUMPUR: Damansara Realty Bhd and the Negeri Sembilan government will jointly undertake a mixed development property project in Bandar Sri Sendayan, Seremban with a gross development value of RM771mil.
KUALA LUMPUR: Matrix Concepts Holdings Bhd experienced a 31% drop in net profit for the third quarter ended Dec 31, 2018, as compared to the year-ago quarter due to a product mix that yielded a lower margin.
KUALA LUMPUR: Matrix Global Education Sdn Bhd (MGE), a subsidiary of Matrix Concepts Holdings Bhd, has partnered Bonanza Educare Sdn Bhd in a bid to rationalise and reorganise the operations of the Matrix brand of schools.
AFFINHWANG analysts believe Sunway Construction (Suncon) is more resilient than most of its peers as it is in a net cash position (RM0.25/share), has an asset-light model (not involved in the property business), integrated construction capabilities and is competitive in open tenders with its excellent track record.
KUALA Lumpur Kepong Bhd’s (KLK) core net profit (CNP) of RM892mil for the financial year of 2018 (FY18) was broadly within Kenanga Research’s forecast at 95%, although it fell by 17% year-on-year.
PETALING JAYA: Matrix Concepts Holdings Bhd scaled a new peak in property sales to a record RM898.6mil in the first half ended Sept 30, 2018 (1H19), surging 39.4% year-on-year (y-o-y) on resilient demand for landed and affordable-premium property segment despite prevailing market conditions.