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PETALING JAYA: Property and education company Paramount Corp Bhd posted an almost eight-fold increase in net profit to RM85.76mil for the third quarter ended Sept 30, 2017compared to the same quarter a year ago, thanks to gain on disposal of asset.
PETALING JAYA: Axis Real Estate Investment Trust (REIT) Bhd’s proposal to lease about seven acres of vacant land in Subang, Selangor from Malaysia Airports Holdings Bhd (MAHB) is seen as “mildly positive” by analysts.
KUALA LUMPUR: Maybank Investment Bank Research is "mildly positive" on Axis REIT Bhd's proposal to lease about seven acres of vacant land in Subang, Selangor from Malaysia Airports Holdings Bhd
PETALING JAYA: Malaysia Airlines Bhd is placing orders for new-generation aircraft that are more fuel-efficient and can fly further in a bid to reduce operating cost and offer the latest products and services to match its peers.
KUALA LUMPUR: The board of directors of Sime Darby Bhd (SDB) has approved the final terms of the group’s restructuring proposals to create three standalone listed entities in the Plantation, Property and Trading & Logistics sectors on the Main Market of Bursa Malaysia Securities Bhd.
KUALA LUMPUR: Maybank Investment Bank Research expects Wah Seong Corp to further strengthen its balance sheet via disposal or sales and leaseback schemes.
PETALING JAYA: Lion Industries Corp Bhd is selling its office building in Klang to Yinson Corp Sdn Bhd for RM47.7mil through a sale and leaseback arrangement.