Rising likelihood of OPR hike
Will the central bank consider raising OPR when real interest rates continue to fall?
Will the central bank consider raising OPR when real interest rates continue to fall?
Ekovest Bhd fell 2 sen in heavy volume at mid-morning today, possibly due to profit-taking by investors after closing on a high of RM1.45 last Friday.
Iskandar Waterfront City Bhd's (IWCity) single largest shareholder Iskandar Waterfront Holdings Sdn Bhd has been exploring a restructuring exercise involving IWCity.
A technical note released by RHB Retail Research today stated that the stock may rise higher after forming a second consecutive "white candle" yesterday.
Revenue dropped 30.3% to RM340.97 million from RM489.32 million in 4QFY2015
On prospects, the group said it will remain cautious and it is targeting to launch new projects with a combined gross development value of RM1.7 billion and a total property sales target of RM1.2 billion.
Bina Darulaman Bhd’s group managing director Datuk Izham Yusoff’s contract has been extended by another two years, effective from this month.
Kuala Lumpur Kepong Bhd’s (KLK) net profit declined sharply in its first financial quarter ended Dec 31, 2016 (1QFY17), mainly due to the absence of a one-off gain of RM485.7 million on disposal of plantation land in 1QFY16.
Berjaya Land Bhd has acquired 10 million shares or a 0.9% equity stake in 7-Eleven Malaysia Holdings Bhd from Berjaya Retail Bhd via direct business transactions for a total cash consideration of RM14 million at RM1.40 per 7-Eleven Malaysia share.
Construction company Kerjaya Prospek Group Bhd, formerly Fututec Bhd, hopes to secure more construction jobs to meet its internal replenishment order book target of RM800 million for the current year ending Dec 31, 2017 (FY17), according to its executive chairman Datuk Tee Eng Ho.