PETALING JAYA: Oriental Interest Bhd charted an 8.2% year-on-year (y-o-y) increase in net profit to RM85.2mil for the year ended Aug 31, as revenue also grew 22.1% to RM652.5mil.
KUALA LUMPUR: Oriental Interest Bhd's (OIB) net profit for the financial year ended Aug 31, 2024 (FY2024) increased to RM85.21 million from RM78.69 million a year ago.
OTHERSOriental Interest Berhad
Further Extension of time for the utilisation of proceeds raised from Rights Issue with Warrants
KUALA LUMPUR: Oriental Interest Bhd (OIB) is poised for growth with unbilled property sales of about RM584.4mil from its existing projects as at Feb 29.
$OIB / 5827 (ORIENTAL INTEREST BERHAD) has low liquidity and volatility. the current price setup showing the potential formation of pennant pattern and close to breakout, I'll consider entry if there's a complete weekly breakout with volume surge. Be mindful to perhaps use smaller volume of entry, so that we wont get trap in the low liquidity.
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSProposed Acquisition of land by Myra Land Sdn. Bhd. of all the vacant land held under H.S.(D) 322536, PT 949 Pekan Baru Subang, Daerah Petaling, Negeri Selangor
PETALING JAYA: Oriental Interest Bhd (OIB) will be taking a long term view in maintaining its financial strength.
PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR THE RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROPOSED NEW SHAREHOLDERS' MANDATE FOR ADDITIONAL RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSAgreement between Total Majority Sdn. Bhd., a subsidiary of Oriental Interest Berhad, and TTDI Land Sdn. Bhd. to jointly develop the Land (as defined)
OTHERSORIENTAL INTEREST BERHAD ("OIB" OR "THE COMPANY")
- PROPOSED RENEWAL OF EXISTING SHAREHOLDERS MANDATE FOR THE RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROPOSED NEW SHAREHOLDERS MANDATE FOR ADDITIONAL RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (PROPOSED SHAREHOLDERS MANDATE)
KUALA LUMPUR: Oriental Interest Bhd, which has unbilled property sales of RM502.31mil in the financial year ended Aug 31, 2023 (FY23), is optimistic in delivering another set of positive results for FY24.
OTHERSOriental Interest Berhad
Extension of time for the utilisation of proceeds raised from Rights Issue with Warrants
OTHERSAgreement between OIB Properties (KV) Sdn. Bhd., a wholly owned subsidiary of Oriental Interest Berhad, and Perbadanan Kemajuan Negeri Kedah to jointly develop the Land (as defined)
Oriental Interest Bhd will transform 11 vacant plots of land in Daerah Kuala Muda, Kedah, into a mixed development project with a gross development value of RM2.15 billion.
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