News by TA Securities
Selangor Properties results driven by Australian operation
The stellar performance was mainly attributed to higher income from the residential development in Piara Waters, Perth and Point Cook in Melbourne.
Signature’s 15.73ha land sale positive
Signature has engaged a number of property dealers for the disposal of its 38.86 acres (15.73ha) of land.
Scientex to focus on affordable housing
With upcoming projects at the Melaka Durian Tunggal land and the newly-acquired land in Rawang.
WCT Holdings’ construction order book estimated at RM5.6b
The property investment division also saw improvement in earnings.
Ibraco pins its future on a strong capital position
TA Securities reiterates hold on Ibraco.
SPB in net cash position to redevelop Wisma Damansara
Australian operations reported a strong profit before tax (PBT) growth of 49.7% y-o-y.
New launches to drive Mah Sing’s sales upside
TA Securities maintains "buy" on Mah Sing Group, with an unchanged target price of RM1.76.
Most Eversendai divisions record better segmental PBT
The Middle East remained a key market, contributing 56.4% and 88.3% of the group’s revenue and PBT respectively in 1HFY17.
CMMT to embark on various asset enhancement initiatives
For 2017, the group will spend RM30 million for maintenance capital expenditure and AEIs.
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