News about Matrix Concepts

KUALA LUMPUR (Aug 18): Matrix Concepts Holdings Bhd is targeting more than RM900 million in property sales for the current financial year ending March 31, 2017 (FY17).

KUALA LUMPUR (Aug 8): Matrix Concepts Holdings Bhd, which was one of the small- to mid-capitalisation property developers that have been offering a decent dividend payout ratio (DPR) — at least 40% of its net profit — recently capped its DPR to a maximum of 40% instead.

BETTER known for building affordable residential and commercial properties, Seremban-based developer Matrix Concepts Holdings Bhd is planning to target the mid- to high-income market with the launch of higher-end properties.

SEREMBAN (June 1): Matrix Concepts Holdings Bhd is confident its M.

Matrix Concepts Holdings Bhd (May 23, RM2.

Property sector Maintain underweight: On Wednesday, Prime Minister Datuk Seri Najib Razak (pictured) announced the launch of the First Home Financing Scheme (MyDeposit) as tabled in Budget 2016.

Property sector Downgrade to underweight: The broad market has been rebounding on the back of a strengthening ringgit, while the economic outlook appears to have stabilised.

Property sector Maintain neutral: Among our coverage universe, Matrix Concepts Holdings Bhd is the only developer that has managed to achieve positive growth in full-year sales (+28% year-on-year [y-o-y]) mainly due to its focus on the affordable mass market with a pricing range of below RM600,000.

KUALA LUMPUR (Feb 24): Negeri Sembilan property developer Matrix Concepts Holdings Bhd posted record property sales of RM805.

KUALA LUMPUR (Jan 5): Analysts said property developers with land bank in Seremban and Johor would be the main beneficiaries of the proposed 330km high-speed rail (HSR) linking Kuala Lumpur and Singapore.