SPLASH deal may lead to more water projects for Gamuda
Gamuda could potentially benefit from the resolution as we expect more water-related projects to be dished out in the future, within the next one to two years.
Gamuda could potentially benefit from the resolution as we expect more water-related projects to be dished out in the future, within the next one to two years.
Maintain buy with a higher target price (TP) of RM1.92 — RHB Research Institute
Seri Kembangan in Selangor may not be the first place a property investor would think of but in recent years, it has raised its appeal to homebuyers.
The acquisition was well within expectations as Axis REIT had already issued a letter of offer.
Going forward, Axis REIT may see the addition of new assets…
There will also be opportunities for Pintaras Jaya to bid for the government’s affordable housing projects, which are expected to be awarded on an open tender basis in the future.
Gamuda’s 40% share in SPLASH is worth RM1.02 billion or around 41 sen per share.
So, do schools really raise the appeal of an area among property investors? Do international schools in particular, impact property yields and price growth?
Lifestyle labs are the brainchild of EcoWorld executive director and Eco Ardence divisional general manager Liew Tian Xiong.
YTL Cement is a key beneficiary of the construction division’s order book expansion.