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Business 30 Mar 2012 | 12:00 AM

UMLand eyes Medini

PETALING JAYA: United Malayan Land Bhd (UMLand) will hold negotiations with Iskandar Investment Bhd (IIB) about investments in Medini, Iskandar Malaysia.

Business 04 Apr 2012 | 12:00 AM

MKH unit wins turnkey deal

KUALA LUMPUR: Property developer MKH Bhd’s wholly-owned subsidiary, Pelangi Seri Alam Development Sdn Bhd, has secured a RM135mil turnkey contract from Puncak Alam Resources Sdn Bhd.

Business 14 Jul 2012 | 12:00 AM

UM Land reaches five-year high

PETALING JAYA: Shares of United Malayan Land Bhd (UM Land) jumped 12 sen, or 5.08%, to more than five-year high at RM2.48 on news that the low-profile property developer will be taken private by its major shareholders.

Business 19 Jul 2012 | 12:00 AM

Major shareholders must provide fair exit to minorities

LAST week we had news of three privatisations, two from the Tan Sri Syed Mokthar Albukhary’s stable – United Malayan Land Bhd (UMLand) and Aliran Ihsan Resources Bhd (AIRB) – while the other is rubber glove maker Adventa Bhd. All three are retail-based stocks.

Business 15 Oct 2012 | 12:00 AM

Iskandar properties will stay hot

JOHOR BARU: Developers can expect the “feel good factor” in the Iskandar Malaysia property market to continue in 2013, based on the number of transactions taking place this year.

Business 18 Mar 2013 | 12:00 AM

Iskandar interest real, not just 'hype'

PETALING JAYA: The investor interestand appetite for properties in theIskandar region in Johor is not just“hype” but is real, according to propertyconsultant firm Rahim & Co.

Business 29 Aug 2013 | 12:24 PM

MKH Bhd’s Q3 earnings surge 120% year-on to RM32.3mil

Property developer MKH Bhd’s earnings jumped 120% year-on-year to RM32.3mil in the third quarter of the financial year ending Sept 30, 2013.

Property 04 Oct 2013 | 12:00 AM

UMLand to start new township in Iskandar

JOHOR BARU: United Malayan Land Bhd (UMLand) will build a new township in Iskandar Malaysia – a third in southern Johor after Bandar Seri Alam and Taman Seri Austin.

Business 28 Nov 2013 | 1:07 PM

MKH full year earnings up 38.6% to RM103.36m (Update)

KUALA LUMPUR: MKH Bhd’s earnings rose 38.6% to RM103.36mil in the financial year ended Sept 30, 2013 from RM74.60mil a year ago, underpinned by higher percentage of profit recognition of on-going and new development projects.

Business 29 Nov 2013 | 12:00 AM

MKH earnings rise 34% on current and new projects

PETALING JAYA: MKH Bhd’s earnings rose 33.5% to RM103.4mil for the full year ended Sept 30, underpinned by a higher percentage of profit recognition of ongoing and new development projects. Revenue rose 23.8% to RM688.29mil from RM555.92mil.