Gabungan AQRS set to rebound higher, says RHB Retail Research
The research house said that the bullish bias above that level may see the stock climb towards the 38 sen immediate resistance, followed by its recent high of 39.
The research house said that the bullish bias above that level may see the stock climb towards the 38 sen immediate resistance, followed by its recent high of 39.
The arbitration shall be conducted and administered by the Asian International Arbitration Centre (AIAC) with the seat of arbitration in Kuala Lumpur, Econpile said.
The construction and property development group said the ICPs are to have a tenure of one to 12 months, while the IMTNs will have a tenure of more than one year and up to seven years.
Last month, Gabungan AQRS Bhd announced that it has received a notice in writing from its former auditor Messrs BDO PLT on its resignation as auditor of the construction firm and that BDO’s term of office would end after 21 days from July 21.
KUALA LUMPUR (March 22): Gabungan AQRS Bhd has secured a sub-contract worth RM31.
KUALA LUMPUR (Oct 1): Suria Capital Holdings Bhd and Gabungan AQRS Bhd have scrapped plans to jointly develop a mixed development known as One Jesselton Waterfront on 6.
KUALA LUMPUR (April 6): Businesswoman Datuk Kamisah Johan (pictured) has become a substantial shareholder of Gabungan AQRS Bhd (GBG) after acquiring the entire 49.
KUALA LUMPUR (Sept 26): Affin Hwang Investment Bank has maintained its “Overweight” call on the construction sector and said it expects tenders for the East Coast Rail Link (ECRL) to be called starting in 4Q19 for local subcontractors to undertake 40% of the civil works (excluding tunnel works).
KUALA LUMPUR (June 14): Gabungan AQRS Bhd is confident that it is on a much stronger footing now to face the headwinds that may affect the property sector for the next five years.
Gabungan AQRS Bhd CEO Datuk Azizan Jaafar says that its E'Island affordable housing project in Puchong, Selangor and The Peak, a high-rise residential project in Johor Bahru, will generate RM641 million in operating cash flow over the next four years.