UEM Sunrise expected to continue with active inventory clearing
UEM Sunrise Bhd (June 17, 85 sen) Maintain market perform with a lower target price of 83.
UEM Sunrise Bhd (June 17, 85 sen) Maintain market perform with a lower target price of 83.
KUALA LUMPUR (June 18): Construction firm Kimlun Corp Bhd expects a 2% profit margin compression in anticipation of a RM90 or 45% hike in bulk cement prices.
KUALA LUMPUR (June 17): It turns out that there were even more secret transactions involving SRC International Sdn Bhd funds that were concealed from its board of directors, including the application of a second RM2 billion loan from Retirement Fund (Incorporated) (KWAP).
KUALA LUMPUR (June 15): UEM Sunrise Bhd is planning to downsize its high-end residential resort and beach club development in Desaru, Johor, conceived six years ago, in a move to conserve cash and limit exposure.
KUALA LUMPUR (June 14): Gabungan AQRS Bhd is confident that it is on a much stronger footing now to face the headwinds that may affect the property sector for the next five years.
Sunway Construction Group Bhd (June 12, RM2) Maintain underweight with a fair value (FV) of RM1.
KUALA LUMPUR (June 12): The singer who was reported to have kept a sun bear in her condominium unit today pleaded not guilty to two charges of keeping a sun bear cub without a permit and confining the animal in a non-conducive environment.
PUTRAJAYA (June 11): The government has not come out with a decision on the targeted fuel subsidy mechanism that was proposed in the election manifesto, said Prime Minister Tun Dr Mahathir Mohamad.
PUTRAJAYA (June 11): The government is looking into reducing the number of processes that businesses and investors need to go through to do business in Malaysia, said Tun Dr Mahathir Mohamad.
BALIK PULAU (June 11): The first low-cost rent-to-own (RTO) housing units for the poor have been rolled out by the Penang government.