MyHSR receives KL-Singapore HSR concept proposals from seven consortia formed by 31 companies
This follows the issuance of 37 RFI documents, as part of the July 2023 exercise.
Maybank IB expects OPR to be kept at 3.0%, driving continuous growth for REITs in 2024
Maybank Investment Bank has forecast the earning growth of Malaysia real estate investment trusts (REITs) to remain decent at 9.1% in 2024, compared with an estimated 6.9% in 2023, on the back of sustained occupancy, rental rates and new asset injection.
Magna Prima extends losses for second straight day after UMA reply
Magna Prima Bhd extended its losses for a second consecutive trading day on Monday, after it was slapped with an unusual market activity (UMA) query by Bursa Securities last week.
Analysts optimistic on IJM’s UK site buy but keeps earning forecast unchanged
Analysts have kept "buy" calls on IJM Corp Bhd following the latest acquisition for its second property project in the UK, which entails a redevelopment for 811 homes and 150,000 sq ft of mixed-use space in Hertfordshire.
KL-Singapore HSR challenging without govt involvement, says Maybank IB
The Kuala Lumpur-Singapore high-speed rail (HSR), which is estimated to cost RM100 billion, will be challenging to undertake without involvement from the government, said Maybank Investment Bank (Maybank IB) head of equity research Wong Chew Hann.
YNH Property echoes Rapid Synergy, says mulling sale of properties in response to UMA
YNH Property Bhd has revealed that it is exploring proposals to sell certain landed properties of the company and its subsidiaries in response to an unusual market activity (UMA) query from Bursa Malaysia.
Tuju Setia bags RM209 mil contract to build apartments
Tuju Setia Bhd has bagged a RM209 million contract from Avaland Bhd (previously known as MCT Bhd) for the construction of two blocks of service apartments in USJ 25, Subang Jaya.
Sunsuria announces partnership to build Asean Digital Trade Industrial Park in Fuzhou
Sunsuria Bhd has entered into a co-construction agreement with the Fuzhou Municipal People’s Government (Gulou district) for the construction of the Asean Digital Trade Industrial Park in Fuzhou, China. The agreement was signed on Dec 21 during the First Overseas Chinese Talent Conference for Development in Fuzhou, China.
Magna Prima says in final stage of negotiations to monetise a land bank
Magna Prima Bhd, which drew the attention of Bursa Malaysia Securities Bhd following a spike in its share price over the last three days, said it is in “final stage of negotiations for the monetisation of one of its land bank”.
Rapid Synergy highlights proposed disposal of landed properties in UMA reply, hits limit down for second straight day
Both Rapid Synergy and Imaspro Corp Bhd, which received unusual market activity (UMA) queries from Bursa Malaysia on Wednesday (Jan 10), have responded to the local stock exchange operator.
