Green Packet secures conditional approval for investment bank licence from LFSA

KUALA LUMPUR, Tech solution provider Green Packet Bhd’s fully-owned subsidiary, Oasis Capital Investment Bank (OCIB) has secured a conditional Investment Bank licence from Labuan Financial Services Authority (LFSA).“The conditional Investment Bank lice…

Prestar returns to the black in Q2 with RM19.22 mln net profit

KUALA LUMPUR, Prestar Resources Bhd has returned to the black with a net profit of RM19.22 million in the second quarter ended June 30, 2021 (Q2 FY2021) from a net loss of RM2.89 million in the same period last year.In a statement to Bursa Malaysia tod…

TH Plantations’ net profit surges TP RM26 mln in Q2

KUALA LUMPUR, TH Plantations Bhd’s net profit surged to RM26.57 million in the second quarter ended June 30, 2021 (Q2FY2021) from RM8.16 million recorded a year earlier.Revenue improved to RM176.15 million from RM127.57 million previously due to higher…

Genting Plantations’ Q2 profit soars to RM104.6 mln

KUALA LUMPUR, Aug 25 – Genting Plantations Bhd’s net profit for its second quarter (Q2) more than quadrupled to RM104.63 million from RM22.64 million a year ago amid firmer palm product prices and higher fresh fruit bunches (FFB) production.Revenue for…

MBSB rebounds to record net profit in Q2 2021, despite lower revenue

KUALA LUMPUR, Malaysia Building Society Bhd (MBSB) recorded a net profit of RM403.41 million in the second quarter ended June 30, 2021 (Q2 2021), from a net loss of RM12.51 million in the same period a year ago, contributed mainly by writebacks on impa…

Sand Nisko Capital inks deal to develop RM50 mln GDV project in Melaka

KUALA LUMPUR, Furniture maker Sand Nisko Capital Bhd (SNC) plans to develop an estimated RM50 million gross development value (GDV) residential development project in Melaka.In a statement today, it said that its property and housing development subsid…

MMC Corp’s net profit surges to RM173.76 mln in Q2 2021

KUALA LUMPUR, MMC Corp Bhd’s net profit for the second quarter ended June 30, 2021 (Q2 2021) surged to RM173.76 million from RM77.36 million in the same quarter last year.Revenue increased 16 per cent to RM1.15 billion from RM990.68 million previously….