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KUALA LUMPUR: I-Bhd recorded a net profit of RM5.03mil for the third quarter (3Q) ended Sept 30,2019, which was 11.3% lower over the previous corresponding quarter on the back of lower revenue contribution from property development
PETALING JAYA: I-Bhd has posted a net profit of RM10.82mil on the back of RM42.21mil in revenue in the second quarter ended June (2Q19) due to the lack of property launches, but remains upbeat on its investment properties.
PETALING JAYA: I-Bhd plans to make a cash call by raising a minimum of RM100mil under a proposed rights issue of redeemable cumulative convertible preference shares (RCCPS).
KUALA LUMPUR: I-Bhd plans to make a cash call by raising a minimum of RM100mil under a proposed rights issue of redeemable cumulative convertible preference shares (RCCPS).
SHAH ALAM: In a move to weather through the cyclical nature of the property development industry, I-Bhd is building up its property investment and leisure segments, which can generate recurring income for the group.
PETALING JAYA: I-Bhd, which posted a net profit RM6.43mil in the first quarter ended March 31 against RM22.73mil in the same period a year ago, expects the property market to remain challenging in 2019.
KUALA LUMPUR: PublicInvest Research is maintaining its Outperform for property company I-Bhd but with a lower target price of 75 sen compared with 91 sen previously but the long-term earnings remain intact.
PETALING JAYA: I-Bhd recorded a net profit of RM5.69mil in its third quarter ended Sept 30, 2018, compared with a net profit of RM7.17mil in the previous corresponding period, while revenue in the third quarter stood at RM60.66mil from RM75.31mil a year earlier.
PETALING JAYA: I-Bhd’s earnings in the second quarter ended June 30 are up 5.63% year-on-year (y-o-y), despite the property developer’s lower top line in the three-month period. The better results are attributable to turnaround by lthe leisure segment