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But some companies remain confident they can weather the storm
FROM TAN SRI LEONG HOY KUM , Mah Sing founder and group managing director
KUALA LUMPUR: Property developer Mah Sing Group Bhd has projected a higher sales target for 2020 after the company said it sold RM1.5bil worth of new properties in financial year ended Dec 31, 2019 (FY19).
A letter from GOH HOE HOE, Kuala Lumpur
From IR. PATRICK C. AUGUSTIN, Kuala Lumpur.
PETALING JAYA: IJM Corp Bhd posted a 47% year-on-year decline in net profit to RM49.77mil for the third quarter of the financial year ending March 31,2020 (FY20).
BANGKOK: All schools under the supervision of the Bangkok Metropolitan Administration (BMA) have been ordered to close from Wednesday until Friday, as air quality in the capital worsened on Tuesday (Feb 25). The BMA has warned that the worsening air quality will persist as a result of poor air circulation and accumulation of PM2.5 dust in the atmosphere.
KUALA LUMPUR: IJM Corp Bhd warned of another tough quarter ahead after earnings were almost halved in the three-month ended Dec 31, 2019 on weaker margin at its construction business.
KUALA LUMPUR: UEM Sunrise Bhd revenue rose by 42% to RM2.91bil in the financial year ended Dec 31,2019 from RM2.04bil a year ago, boosted by property development following the completion of its Melbourne projects.
The futuristic, 62-storey structure is the only residential space in downtown Miami with a helipad.