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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.
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.
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.
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.