IOI Properties under downward pressure, says AllianceDBS Research
AllianceDBS Research said stock volume traded on Nov 14 was 2.37 million shares compared to the 3-month average volume of 2.82 million shares.
RHB Research upgrades Gadang to “Buy”, target price RM3.50
The research house said apart from strong medium-term earnings visibility, it has also laid foundation for the longer term.
Malton may climb higher, says RHB Retail Research
RHB Retail Research said Malton Bhd may climb higher after inching above the 68.5 sen level in its latest session, albeit marginally.
WCT, MTD Construction bag MRT jobs worth RM1.58 bil
Mass Rapid Transit Corp Sdn Bhd has awarded two work packages worth a combined RM1.58 billion for the construction of the MRT Sungai Buloh-Serdang-Putrajaya Line to WCT Bhd and MTD Construction Sdn Bhd.
RHB sees Budget 2017 benefiting SMEs, first-time homebuyers
“This budget has a special focus on inclusiveness, such as helping to manage rising cost of living and enabling home ownership among the new joiners to the job market."
IOI Properties acquires Xiamen land for RM1.4 bil
IOI Properties said the land was acquired via its indirect 99.8%-owned subsidiary IOI (Xiamen) Properties Co Ltd through a competitive bidding conducted by the Xiamen Bureau of Land Resources and Real Estate Management.
Sale of Aloft KL lifts Ireka's 1Q net profit to RM27.98 mil
In contrast, Ireka incurred net loss of RM4.09 million in the previous corresponding quarter mainly due to the share of loss in Aseana.
Damansara Realty CEO resigns; 2Q net loss widens
Damansara Realty Bhd, controlled by Johor-based Seaview Holdings Sdn Bhd with a 51% stake, said its group chief executive officer Mohd Fazlin Shah Mohd Salleh has resigned after just one year "to pursue his other personal interest".
Yongnam buys Johor industrial land to move factory operations
A wholly-owned subsidiary of Yongnam Holdings is buying three parcels of industrial land in Johor for RM46.7 million.
