Gradual recovery expected for property sector

Property sector Maintain neutral: The first half of calendar year 2017 (1H2017) results were broadly in line with half of our stock coverage (four out of eight) which came in within expectations (three below, one above).

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Matrix expects record high GDV on new launches

KUALA LUMPUR (Aug 16): Matrix Concepts Holdings Bhd expects the total gross development value (GDV) of its ongoing projects for the current financial year ending March 31, 2018 (FY18) to hit a new record, surpassing FY17’s RM1.

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Matrix Concepts signs RM250 mil sukuk programme

KUALA LUMPUR (May 25): Matrix Concepts Holdings Bhd (MCHB) has signed an agreement for the issuance of Islamic commercial papers (ICP programme) and Islamic medium term notes (IMTN programme) with a combined limit of up to RM250 million.

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