Inta Bina extends gains after Bursa debut
Today, construction firm Inta Bina shares rose to their highest so far at 31 sen at 10:01am. Inta Bina, which saw some 12 million shares traded, was Bursa Malaysia's seventh most-active stock.
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Eversendai gains 1.02% on target price upgrade
Eversendai Corporation Bhd rose 1.02% in early trade today after Kenanga IB Research maintained its “Underperform”rating on the stock with a higher target price of 77 sen (from 49 sen) sen and said the company’s 1Q17 beat house expectations given Kenanga’s overly conservative margins for its projects in Middle East, India and Malaysia.
IJM Corp reports big rise in 4Q profit
IJM Corp Bhd’s net profit for the fourth financial quarter ended March 31, 2017 (4QFY17) jumped more than five times to RM236 million from RM44.23 million a year earlier.
OSK 1Q net profit down 22% on weak property, industrial segments
Going forward, OSK said its property development division would continue to drive sales in Malaysia and Australia, while the property investment business would contribute steady rental income despite the challenging retail market.
UOA buys land near Bangsar South for RM81 mil
UOA Development Bhd has purchased a freehold piece of land for RM81.1 million to build a complementary commercial development to its anchor development Bangsar South City.
Goldis 1Q earnings double on sale of Renaissance KL
Goldis Bhd saw its net profit more than doubled to RM73.17 million or 12.03 sen per share for first quarter ended March 31, 2017 (1QFY17), thanks to a one-off disposal gain from the sale of Renaissance Kuala Lumpur (KL) Hotel.
YTL Land posts 3Q net profit of RM19m
YTL Land & Development Bhd posted a net profit of RM18.96 million or 1.57 sen per share in the third financial quarter ended March 31, 2017 (3QFY17), compared to a net loss of RM8.11 million or 0.44 sen loss per share a year ago.
DONE DEAL: Single-storey terraced house, Jalan Limau Kasturi, Bangsar Park, Kuala Lumpur
Sold for: RM1.41 million; Concluded by: Renu Dayalal (REN 03024) of PPC International Sdn Bhd (012-389 0575); When: March 2017
Eversendai confident of achieving record performance in FY17
Eversendai Corp Bhd said it is well on track to meet its RM2 billion revenue target for the financial year ending Dec 31, 2017 (FY17) and is confident of registering a record performance for the year, backed by its hefty orderbook.
Matrix Concepts on track with RM1 bil sales target for FY2018
Matrix Concepts Holdings Bhd is on track to achieve its sales target of RM1 billion for its 2018 financial year ending March 31.
