#Exclusive* Another prime land in KLCC up for sale
KUALA LUMPUR: Another prime piece of land in the Kuala Lumpur city centre (KLCC) area is on the market, this time believed to be going for RM2,100 to RM2,200 psf.
Latest
Economic update (AmResearch)
1Q GDP on high growth track for 2010
Investment Highlights
City Developments Ltd (AmFraser); maintain buy; fair value: S$12.72
Sibu’s flood of wealth
Pan Pacific Hotels aims to expand in China
KUALA LUMPUR: Pan Pacific Hotels Group, a Singapore-listed hotel subsidiary of UOL Group Ltd, wants to expand to more than 10 Chinese cities over the next five years. It currently has a presence three cities but expects demand from travellers to grow rapidly, reports the ShanghaiDaily.Com.
Sunrise Bhd (AmResearch); maintain buy; fair value: RM3.06
Stronger unbilled sales of RM907mil
Sunrise Bhd (OSK Research); neutral; target price RM2.27
Below Expectation
Sunrise Bhd (ECM Libra); maintain buy, target price RM3.58
3QFY10 : A slower quarter
OSK RESEARCH: ECONS-Short-lived Growth Euphoria?
Malaysia: Short-lived Growth Euphoria?
Japan Properst says filed for bankruptcy protection
TOKYO: Japanese real estate developer Properst Co said on Friday, May 14, it had filed for bankruptcy protection with ¥55.4 billion (RM1.9 billion) in debt after a drastic restructuring failed to offset weak condominium sales.
The announcement came as Japan's property market starts to recover after a prolonged slump in prices and demand in the wake of the global financial crisis.
