Concepts

Matrix Concepts enters 1,000-acre land JV with NS Corp

KUALA LUMPUR: Matrix Concepts Holdings Bhd via its subsidiary Megah Sedaya Sdn Bhd has inked a land development agreement with NS Corp for 1,000 acres of prime land in the MVV2.0 development corridor.In a statement, the property developer said NS Corp will grant development rights to Megah Sedaya, a special purpose...

Matrix Concepts posts 37% year-on-year growth in Q1 earnings

PETALING JAYA: Property developer Matrix Concepts Holdings Bhd recorded 37.3% growth in profit after tax attributable to shareholders to RM64.6 million in the first quarter ended June 30 2023 (Q1’24), up from RM47 million in the year-ago quarter. The higher net profit underlines the fourth consecutive quarter of net profit growth as the group benefits from continued strong demand for its...

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