PETALING JAYA: Bina Puri Holdings Bhd has bagged a RM100mil contract to design, build and complete a hotel for Terengganu state government.According to a filing with Bursa Malaysia yesterday, the award helps boost the group’s unbuilt book order to RM2.72bil.“With this award, we have managed to...

BY JOSEPH CHINKUALA LUMPUR: Bina Puri Holdings Bhd has secured a contract from the Terengganu state government to build a RM100mil resort on Pulau Poh in Kenyir Lake.It said on Tuesday its unit Bina Puri Sdn Bhd had accepted the letter of award from the Terengganu State Public Works Director on...

BY WONG WEI-SHENAnwar Syahrin Abdul Ajib: We are optimistic that we will continue to have a strong presence.KUALA LUMPUR: UEM Sunrise Bhd recorded a 12.6% increase in net profit to RM83.91mil in the second quarter ended June 30, 2015, compared with RM74.53mil a year ago.The group had on Monday...

TAN Sri Ong Leong Huat is known to many in the corporate world, having delved into numerous businesses over the years since buying the OSK group back in 1985.But leading up to October last year, Ong has been working behind the scenes to set in motion one of his biggest corporate exercises – one...

BY RISEN JAYASEELANA mini conglomerate is on the way, but first Ong has to convince shareholdersOng: ‘Why do I want to convert all my warrants in OSK Prop and PJD and invest additional RM150mil in exchange for OSK shares? It’s very simple, because I see great potential in the merged and...

BY CHERYL POOPETALING JAYA: WCT Holdings Bhd has secured tenants for 50% of lettable space in its Paradigm Mall JB.“Within another month or two we will see many more names now that we have signed on these four anchor tenants,” Robert Jalil tells StarBiz at a press conference at the launch of...

PETALING JAYA: Sunway Real Estate Investment Trust (REIT) said its fourth quarter net profit rose 52.16% to RM357.91mil from RM235.21mil in the same quarter a year ago.Profit for the year jumped 32% to RM541.4mil, comprising realised profit of RM242mil million and unrealised profit of RM299.4mil...

KUALA LUMPUR: Affin Bank Bhd, which is acquiring a 1.25-acre piece of land located in the Tun Razak Exchange (TRX) for RM255mil, has been in discussions with TRX since 2012.“This is not a rushed deal. Affin Bank has been in negotiations with TRX. Affin Bank is just one of the many financial...

BY DANIEL KHOOTHAT'S GOING TO BE OUR NEW HOME , said Group CEO Affinbank Holdings Kamarul Ariffin Mohd Jamil to media at the announced its strategic plan todevelop its very own Head Office building with the purchase od a plot of land at Razak Bussinrss Parkin Kuala Lumpur, August 10, 2015. -...

BY S. PUSPADEVINg: ‘We are confident of making profits in the current financial year ending June 30, 2016 after being in the red for many years.’PETALING JAYA: Garment manufacturer Yong Tai Bhd is growing its presence in the property development market despite the current soft market.It...