PETALING JAYA: The Malaysian property market has bottomed and more property purchasers are expected to return to the market in the coming months, according to Ahmad Zamzuri Kamarudin, the organising chairman of the Klang Valley edition of the Malaysia Secondary & Primary Property Exhibition 2018 (MASPEX2018 KL) organised by the Malaysian Institute of Estate Agents (MIEA).
Media Prima Bhd (Sept 3, 45 sen) Maintain neutral with a higher target price of 49 sen: Media Prima Bhd’s second quarter of the financial year ended June 30, 2018 (2QFY18) revenue grew 4.
PETALING JAYA (Aug 22): It may be a public holiday for many but some Klang Valley folk were stuck for a while by faulty doors on an LRT train today.
KUALA LUMPUR (Aug 21): As he clocked in as Khazanah Nasional Bhd’s new managing director yesterday, Datuk Shahril Ridza Ridzuan (pictured) resigned from the board of directors of three companies, namely Media Prima Bhd, Malaysia Building Society Bhd (MBSB) and Malaysian Resources Corp Bhd (MRCB) as their non-independent, non-executive director.
Magna Prima Bhd (Aug 15, RM1) Upgrade to market perform with an unchanged target price of 95.
KUALA LUMPUR (July 30): Metro Prima high-rise residents in Kepong worry about congestion and a lack of parking in their neighbourhood due to the new four-block apartment project being built.
Hua Yang Bhd (May 23, 45 sen) Maintain market perform with a lower target price (TP) of 47 sen: Hua Yang Bhd’s core net profit (CNP) for its financial year 2018 (FY18) ended March 31, 2018 of RM4.
PETALING JAYA (April 21): The declining prices of properties on the secondary market – by as much as 6% in some cases – will affect primary market prices, prompting property developers to amend their offerings to control costs, said CBRE | WTW managing director Foo Gee Jen.
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