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KUALA LUMPUR: Property developer Eupe Corp Bhd’s net profit rose to RM16.2mil for the second quarter ended Aug 31,2020 (Q2’FY21)from RM10.33mil in the same quarter a year ago.
WHEN the government allowed businesses to resume operations back in May following the imposition of the movement control order (MCO), many in the retail industry expected to see a recovery for the sector by the fourth quarter of this year.
KUALA LUMPUR: UOA Development Bhd’s newest property development in Bangsar South: The Goodwood Residence is now 35% sold and the developer is confident of achieving its sales target despite the ongoing Covid-19 pandemic.
KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) has assigned a preliminary rating of A+IS to Sunsuria Bhd’s proposed RM500mil Sukuk Wakalah programme. The rating outlook is stable.
KUALA LUMPUR: Stocks to watch on Monday include UEM Sunrise Bhd, Eco World Development Group Bhd, Gagasan Nadi Cergas Bhd, Pelangi Publishing Group Bhd, Sunsuria Bhd and Icon Offshore Bhd, according to JF Apex Research.
KUALA LUMPUR: Sunsuria Bhd has ventured into the development of a high-rise residential project in Bangsar and a high-rise mixed commercial project along Lorong Tuanku Abdul Rahman, here.
KUALA LUMPUR: UOA Development Bhd, LKL International Bhd, Yinson Holdings Bhd, Kim Loong Resources Bhd, Key Alliance Group Bhd and Solution Group Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.
KUALA LUMPUR: UOA Development Bhd’s net profit more than doubled to RM124.22 million for the first quarter (Q1) ended March 31, 2020, compared with RM59.86 million a year earlier.
PETALING JAYA: Developers are advised to focus on affordable housing for new project launches to avoid an overhang in the property market, said Housing and Local Government Minister Zuraida Kamaruddin.