Embracing sustainability

ENVIRONMENTAL, social and governance (ESG) has become the buzzword among investors today, with many real estate players realising that the right way forward is to embrace it.

DNeX posts net profit of RM51.6mil in Q3

KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) posted a net profit of RM51.6 million in the third quarter ended March 31, 2022 after chalking up revenue of RM382.64 million for the quarter under review.

MISC first quarter earnings at RM376mil

Soccer-More Premier League sides listed among Europe's most valuable clubs: report

(Reuters) - The Premier League now has 10 teams in a list of the 32 most valuable clubs in Europe, according to a report published on Thursday by analysts Football Benchmark.

MISC's 1Q net profit falls to RM376.4mil on higher finance costs, lower JV profits

KUALA LUMPUR: MISC Bhd recorded a net profit of RM376.4mil in the first quarter ended March 31, 2022, a 12.42% decrease from RM429.8mil in the same quarter last year on higher finance costs coupled with lower share of profit from joint venture entities.

Matrix FY22 new property sales at all-time high

PETALING JAYA: Matrix Concepts Holdings Bhd’s new property sales hit a record-high of RM1.3bil in the financial year ended March 31, 2022 (FY22), growing 11.3% on a year-on-year basis.

Matrix Concepts records all-time high new property sales of RM1.3bil in FY22

PETALING JAYA: Matrix Concepts Holdings Bhd’s new property sales hit a record-high of RM1.3bil in the financial year ended March 31, 2022 (FY22), growing by 11.3% on a year-on-year basis.

Earnings upgrades for Sports Toto

PETALING JAYA: Sports Toto Bhd saw a slew of earnings upgrades after the gaming and auto group reported financial results which came in mostly above analysts’ expectations.

Boustead Plantations’ net profit surges to RM435mil in 1Q

KUALA LUMPUR: Boustead Plantations Bhd’s net profit surged to RM435.16mil in the first quarter ended March 31, against RM12.22mil a year ago on disposal gain and higher palm product price.

Tumbling U.S. stocks stoke recession fears: Sky News

LONDON, May 20 (Xinhua) -- U.S. stock markets saw their biggest daily losses since June 2020 on Wednesday and it has stoked a panic over the prospects for an inflation-fueled recession, Sky News reported on Thursday.