ABU DHABI (Reuters) -Formula One world champion Max Verstappen will serve a penalty for swearing when he visits Rwanda next week to collect his winner's trophy, the governing FIA said on Sunday.
Former investment banker and seasoned investor Ian Yoong believes that the earnings for large players is expected to be muted in the second half of 2024
On expectations of property developers’ entire FY24 sales performance, former investment banker and seasoned investor Ian Yoong believes that the earnings for large players is expected to be muted in the second half of 2024. “This could be attributed to the rise in interest rates in that period. This has resulted in unsold properties falling.
“The strong year-on-year performance was primarily driven by robust property sales and significant progress in construction projects.”achieved a record nine-month sales performance, with property sales rising to RM3.2bil – reflecting a 25% year-on-year increase.Additionally, he noted thatposted a record high quarterly property sales of RM349mil, driven by strong contributions from Perak, Johor and Selangor.
“This performance was largely driven by Sendayan Developments, which contributed 86.3% of total sales.
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