Property stocks remain in comeback mode
Maybank Investment Bank Research analyst Wong Wei Sum upgraded the property sector to “positive” from “neutral” previously, on grounds of value emergence.
Maybank Investment Bank Research analyst Wong Wei Sum upgraded the property sector to “positive” from “neutral” previously, on grounds of value emergence.
Situated along Lorong Maarof, the developer said the two 57-storey towers is currently the tallest condo in Bangsar.
This is the fourth contract win for Jati Tinggi which made its debut on the ACE Market of Bursa Malaysia last December.
The deal is expected to generate a net profit of RM30.
"Following several discussions with the bank, the company is currently in the midst of negotiation with the bank to honour the court order," Ireka added.
Technology stocks on Bursa Malaysia have plummeted since Friday amid concerns over disappointing earnings of their global counterparts and design troubles of chips powering artificial intelligence.
“The completion of this land sale allows us to reallocate resources towards significant projects, reduce debt, and align with our asset-light strategy to enhance competitiveness," said S P Setia president and CEO, Datuk Choong Kai Wai.
Lamanda Chuping is a key initiative under the Perumahan Warga Felda programme, which was initiated by the government to address the growing demand for affordable homes among Felda’s second-generation families.
Chief executive officer Tai Eefan: “I am incredibly proud of our agents and negotiators for their hard work and dedication, consistently surpassing sales targets, demonstrating outstanding teamwork, and continuously improving their skills through training and seminars, which have collectively driven our success and raised our company's standards.
SkyWorld contributed RM50,000 to the sinking fund of SkyMeridien Residences’ management corporation to support the ongoing upkeep and maintenance of the property.