IJM to see earnings from TRX building in FY19 or FY20
The building comes with 84% secured tenants where the anchor tenant is Prudential Assurance Malaysia.
L&G set to unlock its land value via more launches
AllianceDBS Research initiates buy call on L&G.
SunCon on strong footing to bag key 11th M’sia Plan jobs
AllianceDBS Research maintains hold recommendation on SunCon.
Land purchases to ensure strong margins for Matrix Concepts
Matrix Concepts Holdings Bhd announced the proposed acquisition of 21 parcels of 132 acres (53.4ha) of agricultural land in Port Dickson for RM57 million from individual landowners.
Sime Darby’s Seriemas divestment unsurprising
In line with Sime Darby’s ongoing drive to unlock value from its assets…
2017 seen as Kimlun’s earnings transition year
It has successfully reinvented itself into a less Johor-centric contractor in the high-rise space and raised its exposure to more infrastructure works.
Yong Tai’s Impression Melaka poised to be resounding success
The official opening of Impression Melaka in February 2018 will be a major catalyst.
UEM Sunrise earnings visibility remains strong
UEM Sunrise Bhd reported its first quarter ended March 31, 2017 (1QFY17) core net profit of RM54.4 million (+2% quarter-on-quarter [q-o-q], +17-fold year-on-year [y-o-y]), comprising 27% of our estimates.
S P Setia earnings visibility remains healthy
Despite S P Setia Bhd’s diversified product offerings to cater to various target markets, the relatively challenging property market in Malaysia and London may weigh on its new property sales.
Long-term gains from Impression Melaka for Yong Tai
Impression Melaka costs approximately RM300 million, of which RM37 million is for land acquisition of a 17-acre (6.88ha) site.
