News by M

DBS is maintaining its “buy” call on Keppel REIT (KREIT) with a target price of S$1.23 following its acquisition of a 50% stake in an office tower in Australia.

CIMB IB Research reiterated its ‘Add’ recommendation on Sime Darby Bhd following the group’s disposal of agriculture land to a wholly-owned subsidiary of Permodalan Nasional Bhd.

Kumpulan Jetson Bhd, whose share price hit its two-year high of 48.5 sen yesterday, pared off gains in the morning session today.

BCorp posted a net profit of RM3.24 millon for the fourth financial quarter ended April 30, 2017.

Tiger Synergy Bhd has signed a memorandum of agreement with Prosma Bhd to develop a RM100 million affordable condominium in Gombak.

Jetson Construction Sdn Bhd has accepted a RM919.3 million subcontract job from MCC Overseas (M) Sdn Bhd to undertake main building works for a mixed commercial project on Jalan Conlay.

TSR Capital Bhd said it is open to selling its office tower in Mutiara Damansara, Petaling Jaya, known as Menara TSR.

Sunsuria Bhd rose 5.75% in early trade today after the company teamed up with Hong Kong-based CITIC International Investment Ltd (CIIL) to carry out construction work and property development in Malaysia.

Sunsuria Bhd is teaming up with Hong Kong-based CITIC International Investment Ltd (CIIL) to carry out construction work and property development in Malaysia.

Investment income (including rental) from other divisions was stable as its revenue rose 3% y-o-y.