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Article: Bertam Alliance to launch RM310m high-end projects
- Article from:
- New Straits Times
- Article date:
- May 28, 2009
- Author:
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Sharen Kaur
New Straits Times
05-28-2009
Bertam Alliance to launch RM310m high-end projects
Byline: Sharen Kaur
Edition: Main/Lifestyle
Section: Business Times
Type: Company
PROPERTY developer Bertam Alliance Bhd will launch three high- end projects worth a combined RM310 million in Selangor and Langkawi to ride out the economic downturn and remain profitable.
The company hopes to maintain its 2008 earnings via locked in sales and income from the projects, its executive chairman Ng Sing Hwa said.
For the year ended December 2008, Bertam made a net profit of RM5.5 million, up 28 per cent from 2007, on revenue of RM45.2 million.
Bertam, (formerly, UH Dove Holdings Bhd), is launching up to 30 ...