IOI Properties’ high gearing may swell with Shenton House project; shares down though analysts stay bullish
TA Securities and Hong Leong Investment Bank (HLIB) said the net gearing of IOI Properties would substantially rise to 0.
TA Securities and Hong Leong Investment Bank (HLIB) said the net gearing of IOI Properties would substantially rise to 0.
DONE DEAL: Terrace house, Taman Puncak Jalil, Selangor DONE DEAL: Office, Menara The Stride, Bukit Bintang City Centre, Kuala Lumpur South of Damansara Heights is Damansara Endah, where average transaction prices for landed residential properties have increased by 73.
Quarterly revenue grew 20.
Shenton House covers 3,377 sq m and is designated for commercial use with a gross plot ratio (GPR) of 11.
It said the programme has been assigned a long-term credit rating of AA3 with a stable outlook by RAM Rating Services Bhd, on the back of the group's "earnings visibility backed by its unbilled sales of RM852 million as at March 31".
The proposed MLFF system is estimated to cost RM3.
"The division also aspires to provide non-financial services, concierge services, wealth counselling for the younger generation, education and philanthropic advice,” Kashif added.
Malaysia has set an ambitious target of attracting 27.
“We prefer players involved in the value chain of data centre construction over operators, as they also benefit from a surge in investment by hyperscalers.
Attendees can look forward to discovering exclusive property deals and promotions available only at the expo, which will also offer sessions on property financing, legal considerations and more.