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News About Kenanga

UOA Development likely to switch earnings drivers for FY19

By Kenanga Research Feb 27

UOA Development Bhd (Feb 26, RM2.59)

Ibraco's planned RM25.5m building sale to major shareholder fair and reasonable, says Kenanga IB

By Sangeetha Amarthalingam Feb 22

KUALA LUMPUR (Feb 22): The proposed sale of an eight-storey building or 'Building 2' to Ibraco Bhd's major shareholder Hiap Ghee Seng Sdn Bhd (HGS) for RM25.5 million is considered fair and reasonable and not detrimental to its non-interested shareholders.

MCT shareholders told to reject unfair, unreasonable takeover offer

By Syahirah Syed Jaafar Feb 05

KUALA LUMPUR (Feb 5): MCT Bhd shareholders have been told to reject the takeover bid launched by Philippines-based property developer Ayala Land Inc's unit Regent Wise Investments Ltd, which has been deemed "not fair and not reasonable" by independent adviser Kenanga Investment Bank Bhd (Kenanga IB).

MQREIT’s QB8 disposal seen to fund AE1s

By Kenanga Research Jan 10

MRCB-Quill REIT (Jan 9, RM1.20)

No change expected in Kerjaya’s earnings outlook

By Kenanga Research Jan 05

Kerjaya Prospek Group Bhd (Jan 4, RM4.11)

Budget 2018 proposals could spur the market, say economists

By Tan Ai Leng Oct 27

PETALING JAYA (Oct 27):  Economists and analysts are viewing the housing and construction-related proposals in Budget 2018 positively as they could spur the property market.

Damansara Realty lowers exercise price for proposed bonus warrants

By Adam Aziz Sep 26

KUALA LUMPUR (Sept 26): Damansara Realty Bhd announced today that it has decided to revise the exercise price of its proposed bonus warrants to 58 sen apiece, from 82 sen previously.

Eversendai dips 1.82% on private placement plan

By Surin Murugiah Aug 16

KUALA LUMPUR (Aug 16): Eversendai Corp Bhd (Sendai) shares dipped 1.82% this morning after Kenanga IB Research said it was negative on Sendai’s proposed 10% private placement as it would reduce FY18 EPS by 5% but only bring net gearing down to 0.85x from 1.0x.

Developers’ shrinking unbilled sales not quite a concern

By Supriya Surendran Jul 31

KUALA LUMPUR (July 31): The contraction in unbilled sales in the past one year may not pose that much of a concern to property developers’ earnings.