Arkib Harian: May 21, 2024

Sime Darby Property 1Q net profit more than doubles to RM123.6mil

Sime Darby Property 1Q net profit more than doubles to

KUALA LUMPUR: Sime Darby Property’s (SDP) unbilled sales of RM3.6bil will provide solid earnings visibility for the next three years. As at April 28, the developer’s bookings amounted to RM2.4bil, with completed inventories registering at RM466.3mil in gross developmental value (GDV). “With a healthy cash balance of RM647.1mil and a …

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Mega First earnings rise 35% to RM95.5mil in 1Q

Mega First earnings rise 35 to RM955mil in 1Q

KUALA LUMPUR: Mega First Corporation Bhd increased its net profit by 35 per cent to RM95.46 million in the first quarter ended March 31, 2024, from RM70.55 million a year earlier. All core divisions recorded a profit before tax (PBT) improvements, the power plant developer and operator said. The PBT …

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Anwar to make three-day working visit to Japan

Anwar to make three day working visit to Japan

TOKYO: Prime Minister Datuk Seri Anwar Ibrahim will undertake a three-day working visit to Japan from May 22 to 24, during which he will also participate in the 29th International Conference on the Future of Asia (Nikkei Conference). According to Wisma Putra, the Prime Minister will be accompanied by Foreign …

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Robinhood lowers interest rate on margin loans in growth push

Robinhood lowers interest rate on margin loans in growth push

(Reuters) – Trading app Robinhood Markets is lowering the rate of interest it charges on its margin loans, it said on Tuesday, to encourage more customers to avail this facility that allows them to borrow against securities they hold. WHY IT’S IMPORTANT The company has rolled out a series of …

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Miti, MARii to undertake mid-term review of NAP 2020

Miti MARii to undertake mid term review of NAP 2020

SERDANG: The Ministry of Investment, Trade and Industry (MITI), together with Malaysia Automotive, Robotics and IoT Institute (MARii), will be undertaking a mid-term review of the National Automotive Policy 2020 (NAP 2020). Minister Tengku Datuk Seri Zafrul Abdul Aziz said the review would take into account the rapid advancements in …

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