30 Aug 2013

Ipoh Garden Berhard, IGB net profit hikes 9% YoY in 2Q, the growth of property was from its property and hotel division.

 

Genting Plantation Bhd (GENP), proposed to declare a special interim cash dividend of RM0.44 less 25%   tax for every share of GENP held. It also proposed a non-renounceable restricted issue of up to 151,769,400 new warrants in GENP at an issue price of RM1.65 per warrant on the basis of one warrant for every 5 existing GENP shares held by the company’s shareholders.

 

Felda Global Ventures Bhd reported a strong set of earnings of RM322.7m in the 2Q. Profit before zakat and tax soared by 77.1% to RM527.9m. Its revenue fell 15.4% to RM2.9bn while earnings per share were lower at 8.80 sen compared with 9.4 sen.

 

Tradewinds Corp Bhd posted a net profit of RM69.6m for 2Q ended June 30, the significant increase in earnings majorly contributed by the gain on sale of land, the writing off of hotel property.

 

UEM- Sunrise, (UEMS) has its 2Q net profit (RM107.3mil) flat compared to 2Q a year ago which posted RM107.6mil net profit.

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