AmProp’s 1QFY17 earnings within expectations

Amcorp Properties Bhd (Aug 22, 92 sen) Maintain hold with unchanged target price of 89 sen: In the absence of any major property disposal, Amcorp Properties Bhd’s (AmProp) net earnings contracted a sharp 92% year-on-year to a mere RM4.

READ MORE

Hunting for bargains in Brexit Britain

THERE is nothing extraordinary about Sedley Place, a retail and office building on London’s Oxford Street (pictured) that is the latest piece of UK prime property acquired by Norway’s sovereign wealth fund.

READ MORE

Brexit raises uncertainty over Amcorp’s sales

Amcorp Properties Bhd (July 8, 87 sen) Downgrade to hold with a target price (TP) of 86 sen: With more than 90% of Amcorp Properties Bhd’s (AmProp) earnings derived from London, we believe Brexit would raise uncertainty over its sales, at least in the near term.

READ MORE