Will Fajar Fly tomorrow??
KUALA LUMPUR: Fajarbaru Builder Group has received a contract worth RM36.47 million from the East Coast Economic Region Development Council (ECERDC) for the CONSTRUCTION [] of the first phase of the Pasir Mas Halal Park in Kelantan.
In a filing to Bursa Malaysia on Thursday, Oct 21, Fajarbaru said its unit Fajarbaru Builder Sdn Bhd had received the letter of acceptance from the ECERDC on Oct 19.
It said the construction period was 15 months commencing from the date of possession on Nov 1 this year.
The contract was expected to contribute positively to its earnings for the financial years ending June 30, 2011 and 2012, it said.
WILL MBSB move tomorrow??
KUALA LUMPUR: MALAYSIA BUILDING SOCIETY BHD [] (MBSB) net profit for the third quarter ended Sept 30, 2010 (3Q2010) fell to RM40.51 million from RM52.68 million a year earlier, due mainly to higher impairment losses on loans advanced and lower income from Islamic banking operations.
Its revenue for the quarter however jumped to RM317.66 million from RM162.37 million in 2009.
For the nine months ended Sept 30, MBSB's net profit surged to RM133.21 million from RM66.91 million a year earlier, due mainly to higher loan and financing income, especially from the expansion of personal financing and higher other operating income from personal financing activities.
Will OSK move up tomorrow??
KUALA LUMPUR: OSK HOLDINGS BHD []’s indirect wholly owned subsidiary OSK Indochina Securities Ltd (OSKIL) has been issued the licence for Securities Firm by Securities and Exchange Commission of Cambodia (SECC).
In a filing to Bursa Malaysia on Thursday, Oct 21, OSK Holdings said the licence permits OSKISL to undertake securities underwriting business, securities dealing business, securities brokerage business and investment advisory business in Cambodia.
It said the licence was issued on Oct 20 by the SECC.