KUALA LUMPUR – Exciting news in the business world as Federal International Holdings Bhd (FIHB) and its subsidiary, Federal Builders Industries Sdn Bhd (FBI), have clinched a substantial RM64.9 million contract from Perumahan Masteron Sdn Bhd (PMSB). The agreement, disclosed in an official statement to Bursa Malaysia, highlights the scope of work involving earthworks, piling,
Kuala Lumpur – Leong Hup International Bhd (LHI) is basking in the glow of an impressive 80% leap in net profit for the first quarter. The company’s financial success comes at a time when uncertainties and challenges loom large, but LHI remains cautiously optimistic about its future prospects. Across the various countries where it operates,
Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz believes that the economic potential for ASEAN by fostering closer relationships with China and the Gulf Cooperation Council (GCC) is immense. In a recent statement, Minister Zafrul highlighted the significant benefits that could be reaped through enhanced cooperation among these regions. “The recent ASEAN-GCC-China
Kuala Lumpur witnessed a flurry of market activities as the FBM KLCI charted its own course amidst the regional uptrend spurred by a U.S. trade court’s intervention against President Donald Trump’s tariff plans. While other stock exchanges experienced an upsurge, the 30-stock index in Malaysia succumbed to its fourth consecutive day of losses, causing concern
IJM Corp, a prominent player in the construction industry, is gearing up for an impressive operational performance in the upcoming financial year ending March 31, 2026. The group’s chief executive officer and managing director, Datuk Lee Chun Fai, exudes confidence as he assures stakeholders of delivering satisfactory results. In a recent statement highlighted by The
KUALA LUMPUR – Exciting news in the business world as Federal International Holdings Bhd (FIHB) and its subsidiary, Federal Builders Industries Sdn Bhd (FBI), have clinched a substantial RM64.9 million contract from Perumahan Masteron Sdn Bhd (PMSB). The agreement, disclosed in an official statement to Bursa Malaysia, highlights the scope of work involving earthworks, piling,
Kuala Lumpur – Leong Hup International Bhd (LHI) is basking in the glow of an impressive 80% leap in net profit for the first quarter. The company’s financial success comes at a time when uncertainties and challenges loom large, but LHI remains cautiously optimistic about its future prospects. Across the various countries where it operates,
In their filing with Bursa Malaysia, AAX emphasized their commitment to closely monitoring these external factors that significantly impact their operational costs and profitability. This strategic approach reflects the company’s proactive stance in managing risks and optimizing financial performance. “As we navigate through the fluctuations in foreign exchange rates and jet fuel prices, our focus
KUALA LUMPUR: Imagine a lush landscape dotted with palm trees swaying gently in the breeze, their fruits ripe and ready for harvest. This picturesque setting mirrors the success story of Genting Plantations Bhd, a company that recently reported impressive financial results for the first quarter ended March 31, 2025. As reported by www.thestar.com.my, Genting Plantations
Despite this dip in profits, the company remains optimistic about its overall yearly outlook. Looking beyond the numbers, it’s essential to delve deeper into the factors influencing IOI Properties’ financial landscape. One key aspect impacting their financial results is revenue generation. In the same quarter last year, IOI Properties recorded revenue of RM902.19 million, which