News about UN

Sunway Construction Group Bhd Initiate with buy with a target price (TP) of RM1.

KUALA LUMPUR (July 7): Property developer Hua Yang Bhd has launched the first phase of its Seri Andaman homes under the government’s MyHome Scheme that was announced in Budget 2014.

PETALING JAYA (July 7): Property developer Sunsuria Bhd (formerly known as Malaysia Aica Bhd) may sell 10% of its 330-acre tract in Sepang to an international education group for as much as RM143.

PETALING JAYA (July 6): Tan Sri Tony Fernandes’ Tune Group has slashed the number of its Tune Hotels worldwide, ended its partnership with Bangkok-based Red Planet Hotels and put several of its assets up for sale, reports The Edge Malaysia in its current issue.

  This week, we focus on the non-landed residential properties in Kelana Jaya, a fairly mature neighbourhood in Petaling Jaya.

KUALA LUMPUR (July 3): The Royal Malaysian Air Force (RMAF) has begun relocating to several locations and is expected to be completed by end-2016, reports The Edge Financial Daily today.

    Setapak, a large and established suburb in the district of Gombak, Kuala Lumpur, has seen the average values of its high-rise homes outpace that of Kuala Lumpur’s on the back of a strong rental market, affordability and good access via road and light rail transit.

PETALING JAYA (July 2): UEM Sunrise sold out the houses on offer in its Acacia precinct in its Serene Heights township in Bangi.

KUALA LUMPUR (July 2): Kenanga IB Research maintained its overweight call over the construction sector, as it is still firmly backed by contractors’ healthy orderbooks that provide two to three years visibility, while its replenishment prospects and earnings were met by most contractors.

UEM Sunrise Bhd  (July 1, 99 sen ) Upgrade to buy with an unchanged target price (TP) of RM1.