It is acquiring 9.4 acres of leasehold land in Pekan Penaga, Petaling Jaya district, for RM56 million cash to expand its landbank and contribute to future earnings.
The land purchase from Perniagaan Sanjung Sdn Bhd would be funded by bank borrowings or internally generated funds or both.
DNP expects to complete the purchase in three months.
Its net profit in the first quarter ended September grew 22.6% year-on-year to RM9.8 million, despite revenue slipping 12.8% to RM64.75 million. Earnings per share improved to 3.16 sen from 2.57 sen.
The lower turnover was due to lower contributions from its property development and manufacturing divisions. Going forward however, the group expects to see an improvement across the board as the economy recovers.
兴亡皆苦的零容错人生：为何我们迫切需要具有“亲知”的 AI？
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在地球上人总是用身体的感官去瞭解每一吋土地和大海。在慢慢懂得制造工具和利用资源之后，才把移动轨迹变大和变快。人被限于记忆体，传承学问很困难但科技进步解决这难题。
人的天性，令它不能接受别人比他更好，所以獵夺资源和擁有更多资源以滿足本身的充满缺陷的安全感。紛爭从几千年前至今，永恆不变。不说西方所谓的帝国，就论中国...
8 hours ago
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