Mah Sing Group Bhd’s (KL:MAHSING) RM260 million acquisition of the Corus KLCC Hotel land in Kuala Lumpur comes at a premium price, but analysts believe it is a strategically sound move that could enhance the company’s near-term earnings and long-term growth prospects.
While shopping mall owners grapple with rising costs, KIP REIT (KL:KIPREIT) could stay resilient and offer an above-average distribution yield of 8%, according to Apex Securities.
Forbes Asia said the growth within the Asia-Pacific region was predicted to maintain a slow pace due to the trade tensions ongoing in the region.
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