IOI Properties net profit rises to RM660.20 mln in FY2021

KUALA LUMPUR, IOI Properties Group Bhd recorded a net profit of RM660.20 million for the financial year ended June 30, 2021 (FY2021), from RM504.69 million in the previous year. Revenue increased 18 per cent to RM2.48 billion from RM2.11 billion previo…

Intraday short selling suspension extended to end of 2021

KUALA LUMPUR, The Securities Commission Malaysia (SC) and Bursa Malaysia Bhd are extending the temporary suspension of intraday short selling (IDSS) and intraday short selling by proprietary day traders (PDT Short Sale) to Dec 31, 2021.Accordingly, tem…

Asm 2 Wawasan declares RM921.2 mln income distribution

KUALA LUMPUR, Amanah Saham Nasional Bhd (ASNB) has declared a total income distribution payout of RM921.2 million for its fixed price fund Amanah Saham Malaysia 2 – Wawasan (ASM 2 Wawasan) for the financial year ending Aug 31, 2021.ASM 2 Wawasan declar…

PBB Group posts lower Q2 net profit of RM183.47 mln

KUALA LUMPUR, PPB Group Bhd posted a lower net profit of RM183.47 million for the second quarter (Q2) ended June 30, 2021, compared to RM332.73 million in the same quarter last year.Revenue increased to RM1.08 billion from RM953.34 million recorded in …

Pharmaniaga director Zainal Abidin resigns effective Aug 26

KUALA LUMPUR, Pharmaniaga Bhd’s independent and non-executive director Zainal Abidin Shariff has resigned from his post to pursue other interests, effective Aug 26, 2021.In a stock exchange filing with Bursa Malaysia today, the company said Zainal, 53,…

UEM Sunrise narrows loss to RM7.37 mln in Q2

KUALA LUMPUR, UEM Sunrise Bhd has narrowed its loss to RM7.37 million for the second quarter (Q2) ended June 30, 2021, compared to RM94.66 million loss in the same quarter last year. Its revenue jumped to RM249.14 million from RM111.96 million recorded…

Tri-Mode obtains tax incentive, licensing approval from MIDA

KUALA LUMPUR, Tri-Mode System (M) Bhd, an integrated logistics service provider, announced today that it has received the Malaysian Investment Development Authority’s (MIDA) approval for the integrated logistics services (ILS) tax incentive and interna…