In Depth

CapitaMalls will see diluted earnings and dividend per unit

CapitaMalls Malaysia Trust
(June 26, RM1.39) 
Maintain neutral with an unchanged target price of RM1.45:
CapitaMalls will raise RM395.5 million via equity placement for the acquisition of Tropicana City Mall and Tropicana Tower Office for a total acquisition cost of RM565 million. 

Bina Puri wins RM738m worth of jobs this year

Bina Puri Holdings Bhd
(June 26, 54 sen)
Maintain buy with a new target price of 72 sen:
Bina Puri has accepted a letter of award from Medini Development Sdn Bhd to undertake office building works in Medini, Iskandar Malaysia, for a contract sum of RM195 million, to be completed within a period of 29 months.

Sentul moves up

More launches and a greater range of housing products have raised the profile of an original KL district

The exuberance and wisdom of youth

Real estate agents should be consultants, not salesmen, says Reapfield Properties Sdn Bhd real estate negotiator Jonathan Kuek.