Gabungan AQRS buying volume expanded, says AllianceDBS Research
AllianceDBS Research said Gabungan AQRS Bhd (Gbgaqrs) had on July 21 traded higher to RM1.46 before closing at RM1.42 (up 2 sen or 1.42%).
Two ex-real estate execs arrested in connection with Felda's London hotel purchase
"Based on the investigation, the two were suspected of manipulating the hotel price (valuation) resulting in FIC overpaying tens of millions," MACC said.
Ivory Properties enters strategic alliance to jointly re-develop KL land
Ivory, Taman Segar Management and Upper Label will work together to re-develop the project land by demolishing three existing blocks of 300 units on the land and build at least 800 units...
UIC takeover positive for UOL, say analysts
Is UOL, the property firm controlled by UOB Chairman Wee Cho Yaw, offering to buy out United Industrial Corp (UIC) again after its 2009 failed bid?
Metronic plans share consolidation, rights issue with free warrants
Metronic Global Bhd is planning to consolidate every three ordinary shares in the company into one share (3-into-1), followed by a rights issue with free warrants, that could raise as much as RM32.27 million.
HLIB Research starts coverage on Protasco, target price RM1.20
Hong Leong IB Research has initiated coverage on Protasco Bhd with a “Buy” rating and target price of RM1.20 and said strong cash flow generation from 2 concessions and 4 long term contracts for road maintenance.
CIMB Research starts coverage on Selangor Properties, target RM5.12
CIMB IB Research has initiated coverage on Selangor Properties Bhd (SelProp) at RM4.90 with a “Hold” rating and target price of RM5.12 and said SelProp owns 42 acres of prime land in Damansara Heights and Bukit Tunku, two of the most prized locations in Kuala Lumpur.
Crest Builder gapped up, says AllianceDBS Research
AllianceDBS Research said Crest Builder Holdings Bhd (Cresbld) had on June 8 gapped up to reach a high of RM1.12 before closing near the day’s high at RM1.10 (up 10 sen or 10.0%).
Construction of Setiawangsa-Pantai Expressway ahead of schedule
The RM3.74 billion Setiawangsa-Pantai Expressway (SPE) is 13% complete and 3% ahead of schedule, Ekovest Bhd managing director Datuk Seri Lim Keng Cheng said in a Bernama report yesterday.
IWCity sees sudden surge in interest
Shares in Iskandar Waterfront City Bhd saw a surge in investor interest this afternoon.
