CORPORATE

edotco Bangladesh Receives Conditional Approval for Tower Sharing License

 |  Monday, 20 August 2018 16:17  |  Published in CORPORATE

edotco Bangladesh, an integrated telecommunications infrastructure services company in Bangladesh, has been selected by the Bangladesh Telecommunication Regulatory Commission (BTRC) to obtain a conditional tower sharing incense.

Upon completion of the conditions, this license will allow edotco to build and manage telecommunications towers for multiple mobile network operators in the country.

Sunway Construction Group Bhd Declares PBT of RM45.2 Million

 |  Friday, 17 August 2018 10:41  |  Published in CORPORATE

Sunway Construction Group Bhd announced a revenue of RM544.3 million and profit before tax of RM45.2 million for the current quarter ended 31 March 2018, compared to revenue of RM417.3 million and profit before tax of RM41.9 million in the corresponding quarter of the preceding financial year.

The Group's revenue increased by 30.4% mainly due to the construction segment which was offset by a decline in its precast segment. The Group's margin was slightly affected due to a decline in profitability in the precast segment.

Kejuruteraan Asastera H1 Profit Before Tax Jumps By 112%

 |  Friday, 17 August 2018 10:40  |  Published in CORPORATE

Kejuruteraan Asastera Berhad (‘KAB’), a home-grown electrical and mechanical engineering specialist listed on the ACE Market of Bursa Malaysia Securities Berhad, maintained its positive momentum by registering improved year-on-year performance for its second quarter ended 30 June 2018.

During the quarter under review, KAB posted revenue of RM38.51 million, which was a 29% increase, when compared with revenue of RM29.87 million registered in the corresponding quarter a year ago. Subsequently, KAB’s profit before tax during the said quarter rose to RM4.48 million from RM2.11 million last year, marking a notable increase of 112%.


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