CNQC deal seen to help Vivocom expand in construction
CNQC’s network is extensive, covering real estate development and construction across Singapore, Indonesia, Hong Kong, Macau, Indonesia and Vietnam.
CNQC’s network is extensive, covering real estate development and construction across Singapore, Indonesia, Hong Kong, Macau, Indonesia and Vietnam.
Raising its stake in Sunway South Quay from 60% to 80%.
The strong growth was attributable to higher income from net financing/loans, investment activities and lower cost of funds.
MIDF Research deems SP Setia's 1HFY17 results as within expectations.
Sunway Clio is a 19-storey four-star rated hotel with 401 rooms and has 88,384 sq ft of retail space.
The acquisitions are estimated to be completed by February 2018.
The land will be acquired with approvals obtained for a mixed-use development with a plot ratio of 8.81 times, indicating projects on the land will be readily launched.
For affordable housing, the management has indicated that Perak and Terengganu present stable opportunities as demand is continuous there.
MIDF Research maintains neutral on Mah Sing with a lower target price of RM1.59.