KUALA LUMPUR (Feb 2): Sime Darby Bhd’s restructuring plan to create three stand-alone businesses in the plantation, property as well as trading and logistics sectors could lead to a potential de-rating of the stock, say analysts.
S P Setia Bhd does not fit the profile of a company in search of funding on the open market, not with the strength of its balance sheet and cash flow.
Eversendai Corp Bhd (Dec 28, 79 sen) Downgraded from hold to sell with a target price of 82 sen: The consortium of Samsung C&T Corp and UEM Group Bhd has secured the KL118 Tower project from the project owner, Permodalan Nasional Bhd, at a contract sum of RM3.
KUALA LUMPUR (Dec 11): Analysts had mixed views over S P Setia Bhd's prospects.
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