News about Hong Leong

KUALA LUMPUR (July 28): Hong Leong Bank Bhd and Hong Leong Islamic Bank Bhd will join other banks and lower its base rate (BR) and base lending rate (BLR) from tomorrow (July 29), following the reduction in Bank Negara Malaysia's overnight policy rate (OPR) by 25 basis points.

KUALA LUMPUR (July 15): Real estate investment trust (REIT) prices rose in early trades on Bursa Malaysia yesterday following Bank Negara Malaysia’s move to cut the overnight policy rate (OPR), but pared gains in the afternoon.

KUALA LUMPUR (July 14): UEM Sunrise Bhd rose as much as three sen or 3% after Bank Negara Malaysia cut the overnight policy rate (OPR) to 3% from 3.

KUALA LUMPUR (July 14): Hong Leong Investment Bank Research (HLIB Research) has upgraded Malaysian Real Estate Investment Trusts (M-REITs) to “Overweight”, following Bank Negara’s move to cut the overnight policy rate (OPR) by 25 basis points to 3% yesterday.

KUALA LUMPUR (June 17): Hong Leong IB Research has maintained its “Neutral” rating on the property sector with IOI Properties Group Bhd as its top pick after cooling measures were recently announced in several states in Australia to curb speculation by foreign property buyers.

KUALA LUMPUR (Jan 7): Hong Leong IB Research has maintained its “Neutral” rating on the property sector and said the house price index (HPI) growth normalised back to long-term growth rate of 5% after rising by CAGG of 12.

KUALA LUMPUR (Dec 21): SYF Resources Bhd is taking a contrarian view on the property development segment at a time when slowing demand has led many property developers to defer new launches.

PETALING JAYA: Research house Hong Leong Investment Bhd (HLIB) maintained its conservative forecast of UEM Sunrise Bhd's profit for the financial year 2015 (FY2015), according to a report in The Edge Financial Daily today.