News by Surin Murugiah

It is expecting to issue and submit its Annual Report 2022 no later than Nov 7 after the completion of the annual audited financial statements of the group for the financial year ended June 30.

Yeoh said Malaysia is a relatively young nation with a high urbanisation rate, factors which will drive demand for housing and infrastructure development.

The research house said the results were within the house (103.2%) but exceeded the consensus (105.7%) full-year forecasts.

Kerjaya Prospek Group Bhd said a consortium comprising its unit and Samsung C&T Corp has bagged a contract from Texas Instruments Electronics Malaysia Sdn Bhd to build a factory in Melaka for RM1.45 billion.

CCC-ECRL said the 3.88km Sg Kuantan Super Major Bridge crosses the C4 Highway near Kampung Padang, Pahang.

The fund said the hub will be located on 27 acres of freehold land and equipped with the Automated Storage and Retrieval System (ASRS) technology, providing increased efficiency and flexibility for tenants.

Liew was honoured for his services to successful regeneration and development projects in the UK, and for his contribution to UK-Malaysia trade and investment ties.

NCT Group of Companies (NCT) has entered into four synergistic collaborations to further strengthen its value proposition for the upcoming NCT Smart Industrial Park (NSIP) project.

CGS-CIMB Research has maintained its “Hold’ rating on Eco World International Bhd (EWI) at 32 sen with a lower target price (TP) of 35 sen (from 38 sen) and said the company’s 9MFY10/22 results were worse than expectations due to additional costs recognised for built-to-rent (BTR) projects.

In a technical stock pick note today, the research house said yesterday’s gains broke the downtrend from RM1.09 in April 2021, and also the previous significant resistance.