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KUALA LUMPUR: Sime Darby Property Bhd is looking at undertaking a tactical price review of its unsold units after net profit for the three months through September dropped 93% to RM28.8mil.
KUALA LUMPUR: Scientex Bhd, Daibochi Bhd, Gas Malaysia Bhd, Advancecon Holdings Bhd, GHL Systems Bhd, SP Setia Bhd and Amway (M) Holdings Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
PETALING JAYA: Despite the challenging market conditions, property developer SP Setia Bhd remains confident of achieving its sales target of RM5bil for 2018.
KUALA LUMPUR: SP Setia achieved sales of RM3.21bil in the nine months ended Sept 30, 2018 and in the long run, the property developer’s prospects remain positive with total unbilled sales of RM7.92bil.
PETALING JAYA: The Employees Provident Fund (EPF) board, with the approval of the Finance Ministry, has agreed to extend Datuk Mohamad Nasir Ab Latif’s term as its deputy chief executive officer (investment) until Dec 31, 2019.
KUALA LUMPUR: The Employees Provident Fund's (EPF) deputy chief executive officer (investment) Datuk Mohamad Nasir Ab Latif’s tenure has been extended another year to end-December 2019.
PETALING JAYA: The various property-related measures announced during Budget 2019 will help to drive property sales and lower the number of unsold units for developers.
Report: EPF and PNB can tap into rental yield of project
Resilience is a powerful trait as it speaks of the power of hope. The resilient are usually optimists. They may stumble and fall, but they always pick themselves up afterwards.
KUALA LUMPUR: Sime Darby Property Bhd reported slightly higher net profit of RM640mil in the financial year ended June 30, 2018 mainly due to higher contribution from concession arrangement segment and two sale transactions.