UOB Kay Hian: The end of the longstanding tussle between WCT and AEON is positive news for WCT as the company will continue to lease its investment property without having to search for a new anchor tenant, while expecting an increase in rental rate from 2019 onwards.

MIDF Research: All things considered, we opine the continuation of LRT3 emits positive tone on the prospects of the Malaysian Resources Corp Bhd (MRCB) and George Kent (Malaysia) Bhd joint-venture (JV) company. While the project’s costs have been significantly reduced, we are comforted that the cost-savings approach prioritised by the new government did not result in the loss of earnings opportunity for the JV company.

The group currently has an outstanding construction order book of RM2.4 billion — sustainable for the next three years — and continues to maintain its RM1.5 billion replenishment rate, but at an extended timeline to mid-2019, pending the government’s final review of key infrastructure jobs.

The ministry has emphasised that it will address several issues. These include lowering house prices by reducing compliance cost and implementation of industrialised building systems. The federal government is also working closely with state governments on land issues, where the latter have been asked to submit a list of potential land plots that can be used for affordable housing projects. 

Serba Dinamik has entered into a share sale and purchase agreement to acquire a 49% equity stake in a 30 megawatt (mw) hydropower concession in Laos called OHP Ventures Inc for US$800,000 (RM3.32 million).

We believe it has the experience, capacity and right capabilities to secure and execute overseas projects as local demand has dwindled.

For its commercial properties, MRCB will adopt a pre-sell and pre-lease model for bespoke commercial buildings before construction.

KPKT will ensure land given by the states is conducive for development of affordable homes

In addition to the those whose jobs are on the line, and the thousands of shareholders in Gamuda and MMC Corp, the 2.3 million taxpayers and 32 million Malaysians should also be considered stakeholders in the matter. 

In recent years, Genting Highlands has transformed itself into a lifestyle destination thanks to Resorts World Genting. Find out what else is to come...