001_pp5p6_preview.jpg by AFP for The Edge

Fears for thousands of tower block residents after London inferno

News Jun 24, 2017

Prime Minister Theresa May said the government had arranged to test cladding on "all relevant tower blocks" following the deadly June 14 inferno.

berjayaland_6.jpg The Edge

BLand 4Q net profit at RM88.57 mil on lower investment expenses

News Jun 23, 2017

This marks its third profitable quarter in a row, after the group returned to the black in 1QFY17. 

gamuda_7.png The Edge

Gamuda 3Q profit rises on higher progress of MRT2 works, pays six sen dividend

News Jun 23, 2017

Gamuda Bhd's net profit grew 11% to RM170.93 million in its third quarter ended April 30, 2017, from RM152.69 million a year earlier, driven by higher progress of works on the MRT2 project.

gamuda_7.png The Edge

Gamuda 3Q profit rises on higher progress of MRT2 works, pays six sen dividend

News Jun 23, 2017

Gamuda Bhd's net profit grew 11% to RM170.93 million in its third quarter ended April 30, 2017, from RM152.69 million a year earlier.

globaloriental_2.jpg The Edge

Global Oriental and Malton in JV for mixed development

News Jun 23, 2017

The seven plots of freehold land are to be developed as a mixed development at the absolute discretion of Fame Action as the developer, said Global Oriental.

vivocominternationalholdings_11.jpg The Edge

Vivocom's Yeoh Seong Mok retires as CEO

News Jun 23, 2017

Yeoh, who has been instrumental in securing jobs from China Railway Construction Corp Ltd, was first appointed as joint CEO of Vivocom in November 2015, together with Anne Kung Soo Ching at the time. Kung has since retired in May 2016.

globallogisticsproperties.jpg The Edge

KKR, Blackstone, RRJ and TPG dropping out of race for S'pore's GLP, says FT

News Jun 23, 2017

Almost all the potential bidders for Global Logistic Properties are dropping out as the June 30 deadline approaches, reported The Financial Times.

wingtai_14.jpg The Edge

Wing Tai takeover offer 'not fair but reasonable', says independent adviser

News Jun 23, 2017

Mercury Securities said the offer is unfair because the offer price represents a discount of 49.3% to 49.86%, or RM1.75 to RM1.79, from its estimated fair value range.

nexgramholdings_4.jpg The Edge

Nexgram 3Q net loss narrows

News Jun 23, 2017

"As part of on-going business rationalisation and a continuation of the group’s long term growth strategy, the group is in the midst of securing new projects for property, construction and logistics businesses."

bina-darulmannew_3.png The Edge

Bina Darulaman issues maiden RM50 mil sukuk

News Jun 23, 2017

Bina Darulaman Bhd (BDB) has issued its maiden sukuk, RM50 million Sukuk Wakalah, the first tranche of the Kedah-based property and construction company's seven-year, RM100 million Sukuk Wakalah Programme.