<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Dec 8): Riverview Rubber Estates Bhd has declared a total dividend of 18 sen after reporting a strong set of results for the third quarter ended Sept 30, 2017.</p></div>

<div class=newsTextDataWrapInner><p>The group’s net profit for the quarter rose 55.34% to RM4.58 million from RM2.95 million a year earlier. Earnings per share rose to 7.06 sen from 4.55 sen.</p></div>

<div class=newsTextDataWrapInner><p>Quarterly revenue went up 40.08% to RM11 million from RM7.86 million.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia, Riverview said it has proposed an interim dividend of eight sen and a special dividend of 10 sen, payable on Jan 19. 2018. The ex-date is Dec 27 and entitlement date is Dec 29.</p></div>

<div class=newsTextDataWrapInner><p>Riverview said its net profit grew primarily on higher revenue and a RM1.5 million gain from the disposal of marketable securities.</p></div>

<div class=newsTextDataWrapInner><p>For the cumulative nine-month period, net profit surged 164.23% to RM15 million, from RM5.68 million a year ago. Revenue rose 48.84% to RM33.03 million from RM22.19 million.</p></div>

<div class=newsTextDataWrapInner><p>Riverview’s share was last traded at RM3.60, for a market capitalisation of RM233.46 million.</p></div>


KUALA LUMPUR (Dec 8): Riverview Rubber Estates Bhd has declared a total dividend of 18 sen after reporting a strong set of results for the third quarter ended Sept 30, 2017.

The group’s net profit for the quarter rose 55.34% to RM4.58 million from RM2.95 million a year earlier. Earnings...

Riverview declares 18 sen dividend after strong 3Q results

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Deputy Minister of Communications Teo Nie Ching cautioned the public on the latest tactics of scammers impersonating ministry officials.

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Chief Minister Datuk Seri Hajiji Noor emphasised that the positive economic achievements over the past three years underscore the Sabah government's steadfast commitment to both the administration and development of the state.

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Property developer Scientex Bhd aims to provide a total of 50,000 units of quality housing units at affordable prices nationwide by 2028.

Scientex project general manager (property division) Tang Song Teik said that so far, the company has handed over 35,062 affordable housing units, with about 70% of them sold at prices below RM300,000.

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The Madani government is committed to eradicating hardcore poverty in Sabah despite knowing the situation is quite complicated to resolve, said Prime Minister Datuk Seri Anwar Ibrahim.

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S P Setia Bhd has officially launched the LakePoint Complex commercial hub at the 1,235-acre freehold township of SetiaAlam Impian in Shah Alam on Saturday. The ceremony was officiated by the Sultan of Selangor, Sultan Sharafuddin Idris Shah.

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<p>The Sultan of Selangor, Sultan Sharafuddin Idris Shah, has extended condolences to the family of former inspector general of police Tun Mohammed Hanif Omar, who died early on Saturday morning.</p>


<p>S P Setia Bhd has officially launched the LakePoint Complex commercial hub at the 1,235-acre freehold township of SetiaAlam Impian in Shah Alam on Saturday. The ceremony was officiated by the Sultan of Selangor, Sultan Sharafuddin Idris Shah.</p>


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<p>Property developer Scientex Bhd aims to provide a total of 50,000 units of quality housing units at affordable prices nationwide by 2028.</p>

<p>Scientex project general manager (property division) Tang Song Teik said that so far, the company has handed over 35,062 affordable housing units, with about 70% of them sold at prices below RM300,000.</p>


<p>Elon Musk postponed a planned trip to India where he was to meet Prime Minister Narendra Modi, citing obligations at his Tesla automaker and saying he aimed to reschedule the visit for later this year.</p>


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<p>Barisan Nasional (BN) component parties are required to help the candidate representing the unity government in the Kuala Kubu Baharu state by-election, said BN deputy chairman Datuk Seri Mohamad Hasan.</p>


<p>A huge blast at a military base in Iraq early on Saturday killed a member of an Iraqi security force that includes Iran-backed groups. The force commander said it was an attack while the army said it was investigating and there were no warplanes in the sky at the time.</p>


<p>Shareholders of the International Monetary Fund (IMF) agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on Friday.</p>


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<p>Perikatan Nasional (PN) will hold a supreme council meeting on Monday (April 22) on the selection of candidate to contest in the Kuala Kubu Baharu state by-election on May 11.</p>


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<p>The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.</p>


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<p>Chief Minister Datuk Seri Hajiji Noor emphasised that the positive economic achievements over the past three years underscore the Sabah government's steadfast commitment to both the administration and development of the state.</p>
