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MK Land Holdings Bhd has achieved a group pre-tax profit of RM52.9mil for the second quarter ended Dec 31, 2002 on the back of a revenue of RM215.7mil.
While the residential property sector has shown improvement in the last 12 to 18 months, the commercial property sector has lagged behind. Despite reports of a glut in commercial units, there is good news for the industry. StarBiz' assistant news editor Angie Ng and journalist Angie Ang spoke to developers and property consultants to check out the pulse of the industry and the outlook ahead.
SHARES in MK Land Holdings Bhd have performed well over the past six months, peaking at RM3.06 on Jan 30 before slipping back to RM2.80 yesterday. Most analysts said heavy profit-taking was seen in recent weeks.
Damansara Legenda, Mah Sing Group Bhd's first high-end development in the Klang Valley, is set to stamp its mark in the highly sought-after PJ North location.
KUALA LUMPUR MK Land Holdings Bhd expects its affordable homes project in Bangalore in India to contribute to the group's earnings beginning its financial year 2013.