<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 25): Sunway Construction Group Bhd (SunCon) posted a net profit of RM29.35 million or 2.27 sen per share in the three months ended Dec 31, 2015, mainly contributed by its ongoing local construction projects and supplies of precast concrete products in Singapore.</p></div>

<div class=newsTextDataWrapInner><p>Quarterly revenue stood at RM470.28 million. No comparative figures are presented for the preceding year's corresponding periods as the company was listed in July last year.</p></div>

<div class=newsTextDataWrapInner><p>For the financial year ended Dec 31, 2015 (FY15), it posted a net profit of RM127.16 million on revenue of RM1.92 billion, due to the same reason.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Going forward, SunCon said it has an outstanding order book of RM3.7 billion, and is confident that it will be able to deliver a satisfactory performance for the coming financial year 2016.</p></div>

<div class=newsTextDataWrapInner><p>SunCon's shares closed unchanged at RM1.40 today, bringing a market value of RM1.82 billion.</p></div>

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KUALA LUMPUR (Feb 25): Sunway Construction Group Bhd (SunCon) posted a net profit of RM29.35 million or 2.27 sen per share in the three months ended Dec 31, 2015, mainly contributed by its ongoing local construction projects and supplies of precast concrete products in Singapore.

Quarte...

SunCon posts RM29.35m net profit in 4Q

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The Consumer Price Index — Malaysia’s main gauge of inflation — rose 1.8% year-on-year, according to the Department of Statistics. The headline figure was a tad lower than the median 2% rise predicted in a Bloomberg survey of economists, and unchanged versus February’s 1.8% gain.

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BENGALURU (April 25): The Philippine peso and South Korean won led losses on Thursday among subdued Asian emerging currencies, while stock markets in the region were pulled lower by a weak tech sector, after Facebook parent Meta Platforms disappointed with its forecasts.

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SHANGHAI (April 25): US Secretary of State Antony Blinken on Thursday called on China to provide a level playing field for American businesses, as he began a visit aimed at resolving a raft of contentious issues that could jeopardise the newly repaired relationship.

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<p>Malaysia is in early discussions with tycoons on opening a casino in Forest City, people familiar with the matter said, in a bid to revive the beleaguered US$100 billion (RM478.35 billion) property project that counts the country’s monarch as one of its shareholders.</p>


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<p>Digital Nasional Bhd (DNB), the state-owned company in charge of the 5G network infrastructure rollout, on Thursday named five new board members, comprising senior leaders from the telecom and technology industries.</p>


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<p>Wireless carrier Axiata Group Bhd and conglomerate PT Sinar Mas Group are moving forward with plans to merge their telecommunications operations in Indonesia, people familiar with the matter said.</p>


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<p>KUALA LUMPUR (April 25): Mega First Corp Bhd shares have likely peaked following a recent rally to new all-time highs, and investors should stop buying the stock now, Maybank Investment Bank (Maybank IB) said and downgraded the stock to ‘hold’.</p>

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<p>KUALA LUMPUR (April 25): Agricore CS Holdings Bhd, a food ingredients supplier, has obtained approval from Bursa Malaysia Securities Bhd to list on its ACE Market.</p>


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<p>RHB Retail Research said NationGate Holdings Bhd is observing a technical breakout after climbing above the RM1.70 immediate resistance on surging trading volume.</p>


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<p>Malaysia’s consumer inflation came in lower than expected in March from a year earlier as prices of healthcare and food rose at a slower pace, official data on Thursday showed.</p>

<p>The Consumer Price Index — Malaysia’s main gauge of inflation — rose 1.8% year-on-year, according to the Department of Statistics. The headline figure was a tad lower than the median 2% rise predicted in a Bloomberg survey of economists, and unchanged versus February’s 1.8% gain.</p>


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