Matrix chalks up RM898mil property sales in the first half


Scomi Group Bhd surprised investors when it proposed to revise its current issued share capital reduction from RM224.96mil to RM3mil from the earlier RM40mil.

PETALING JAYA: Matrix Concepts Holdings Bhd scaled a new peak in property sales to a record RM898.6mil in the first half ended Sept 30, 2018 (1H19), surging 39.4% year-on-year (y-o-y) on resilient demand for landed and affordable-premium property segment despite prevailing market conditions.

In a press release, the Negri Sembilan-based property developer said the robust sales performance, which included RM92.4mil from M. Carnegie, saw the group surpass its 1H19 sales target by 50%.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Business , Matirx Concepts

   

Next In Business News

Decarbonising cement: Are we ready?
After a homeowner passes
A stinky nuisance: When septic tanks burst
Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Building a firm facade
Portfolio positioning under Trump era
EQ expands to Thailand
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Sapura Energy ‘in a good place now’

Others Also Read