Property

Ewein Bhd To Buy Land In Penang For RM162 Million

PETALING JAYA, Dec 29: Property company Ewein Bhd’s unit Ewein Zenith II Sdn Bhd has inked a sale and purchase agreement (SPA) with Consortium Zenith BUCG Sdn Bhd (CZBUCG) to buy 4.42 ha of land in Penang for RM162 million. Ewein Zenith II is a 60%-owned subsidiary of Ewein Land Sdn Bhd, a wholly-owned subsidiary of … Read more

Selangor Properties Bhd’s Q4 Net Profit Jumps To RM484 Million

PETALING JAYA, Dec 29: Selangor Properties Bhd’s net profit surged more than 16-fold to RM483.82 million for the fourth quarter ended Oct 31, 2015, compared with RM29.51 million in the previous corresponding period, mainly due to foreign exchange gain, and fair value gain on the revaluation of properties of RM17.2 million. Its revenue was up 3.09% … Read more