1. Establishment of Malaysia Vision Valley, an integrated development encompassing Nilai, Seremban and Port Dickson.
2. Implementation of KL-Singapore High Speed Railway, Southern Double Tracking, Pan Borneo Highway, MRT 2, LRT 3, Central Spine Road, and various highways.
3. RM28bn allocation to construct 3 coal fired power plants and 2 gas fired power plants capable of generating 7,626MW.
4. Households in Kuala Lumpur and high growth areas to enjoy high speed broadband of 100mbps by 2020 while the rest have access to 20 mbps.
5. RM53bn investment for Pengerang Integrated Petroleum Complex in 2016.
6. Construction of a water treatment plant and integrated sewage network in Kinta Barat, Papan, Perak for RM2bn.
7. Kuala Lumpur, Johor Bahru, Kuching and Kota Kinabalu are identified as four key cities to propel economic growth and enhance the nation’s competitiveness.
8. Bumiputera contributors can withdraw their savings from EPF Account 1, subjected to minimum savings rule, to invest in Amanah Saham Bumiputera 2 that will be launched soon.
9. Construction of 653,000 affordable homes vs. 74,000 in 10MP.
10. Renovation allocation of RM5,000 to RM10,000 per home in rural areas involving 400,000 homes or RM2bn-RM4bn in total.
Friday, 22 May 2015
Wednesday, 20 May 2015
Jobstreet Corp Bhd, Shangri-La
Jobstreet Corp Bhd saw its net profit increased 86% to RM2.4mn or 0.34sen a share for the
1QFY15, from RM1.3mn or 0.20sen a share a year ago. The company saw its share of profit
from equity accounted associates in 1QFY15, grown by 38.8% year-on-year, mainly driven
by its associate in Taiwan whose performance continues to meet expectations. Jobstreet
attributed the increase to higher other operating income, interest income and share of profit
of equity accounted associates, and partially negated by higher operating expenses.
Quarterly revenue went up marginally by 4.42% to RM590k, from RM565k last year.
Following the disposal of its online job portal business to SEEK Asia in November last year,
Jobstreet stated that the group’s future prospects will depend on the performance of its
associated companies in Taiwan and Malaysia, quoted investments in Hong Kong, and
operating activities, including Autoworld, in Malaysia. (The Edge)
Shangri-La Hotels (M) Bhd’s net profit fell 8.5% to RM25.6mn in the 1QFY15, from
RM27.9mn in the previous corresponding quarter. The hotel and resort group’s revenue
declined nearly 12% to RM120.7mn, from RM137mn a year earlier. Shangri-La stated that its
overall financial results reflected the reduced operating performances across all its hotels
and resorts, due to significant decreases in occupancy amid a weaker business environment.
(The Edge)
1QFY15, from RM1.3mn or 0.20sen a share a year ago. The company saw its share of profit
from equity accounted associates in 1QFY15, grown by 38.8% year-on-year, mainly driven
by its associate in Taiwan whose performance continues to meet expectations. Jobstreet
attributed the increase to higher other operating income, interest income and share of profit
of equity accounted associates, and partially negated by higher operating expenses.
Quarterly revenue went up marginally by 4.42% to RM590k, from RM565k last year.
Following the disposal of its online job portal business to SEEK Asia in November last year,
Jobstreet stated that the group’s future prospects will depend on the performance of its
associated companies in Taiwan and Malaysia, quoted investments in Hong Kong, and
operating activities, including Autoworld, in Malaysia. (The Edge)
Shangri-La Hotels (M) Bhd’s net profit fell 8.5% to RM25.6mn in the 1QFY15, from
RM27.9mn in the previous corresponding quarter. The hotel and resort group’s revenue
declined nearly 12% to RM120.7mn, from RM137mn a year earlier. Shangri-La stated that its
overall financial results reflected the reduced operating performances across all its hotels
and resorts, due to significant decreases in occupancy amid a weaker business environment.
(The Edge)
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