UEM Sunrise set for uptrend continuation, says RHB Retail Research
RHB Retail Research said UEM Sunrise Bhd is set for an uptrend continuation after breaching above the RM1.18 immediate resistance on stronger trading volume.
Kerjaya Prospek Property to open Bloomsvale Shopping Gallery on Old Klang Road by 2Q2024
Kerjaya Prospek Property Bhd, through its wholly-owned subsidiary Kerjaya Property Sdn Bhd, will be opening Bloomsvale Shopping Gallery on Old Klang Road, Kuala Lumpur, by the second quarter of 2024.
Crescendo declares special dividend as earnings surge to seven-year high
Property developer Crescendo Corporation Bhd on Wednesday declared a special dividend as earnings surged to a seven-year high on the back of rising home sales and high margin industrial land disposal.
Gamuda 2Q net profit rises 7% as overseas projects continue to drive earnings
Gamuda Bhd’s net profit rose 7.29% to RM208.8 million in the second quarter ended Jan 31, 2024 (2QFY2024) from RM194.62 million a year earlier, on the back of higher revenue from its overseas projects.
Malaysia open to extend ECRL to Thailand, says Loke
Malaysia is open to proposals to extend the East Coast Rail Line to the border and integrate it with the Thai rail network or future infrastructure, Transport Minister Anthony Loke said on Wednesday.
Fadillah: Govt aiming to spur residential solar PV installation via Solaris
The Ministry of Energy Transition and Water Transformation (Petra) has introduced a solar incentive scheme (Solar for Rakyat incentive scheme or Solaris) to encourage installation of solar photovoltaic (PV) systems by domestic users.
OCR Group tops out The Mate at Damansara Jaya with 80% take-up
OCR Group Bhd has topped out its mixed-development The Mate located in Damansara Jaya, Petaling Jaya with a take-up rate of 80%, according to a press release on Wednesday.
Glomac surges to three-year high as investors bet on better days ahead after below-view 3Q
Shares of Glomac Bhd surged to its highest in three years, as investors and analysts bet on better sales and margins ahead, even after the property developer reported weaker-than-expected results.
S P Setia to continue cutting debt, preparing for potential REIT
Malaysian property developer S P Setia Bhd plans to continue cutting its debt as well as sell more unimportant assets and improve its investment properties for a potential real estate investment trust (REIT).
Holiday Inn Express Hotel KL up for sale — Colliers
The Holiday Inn Express hotel in the Kuala Lumpur city centre has been put up for sale by its privately owned owner Winbond Group, according to real estate firm Colliers.
