Batu Kawan an undervalued gem, says AmInvestment Bank Research
KUALA LUMPUR (Feb 3): AmInvestment Bank Research, which issued an unrated report on Batu Kawan Bhd, sees the stock as an undervalued gem.
Sime Darby's plan to list units could lead to a weaker credit profile, says Moody's
KUALA LUMPUR (Feb 3): Conglomerate Sime Darby Bhd's plan to list its plantation and property businesses could lead to a weaker credit profile, according to Moody's Investors Service.
Gamuda Land giving out free Touch ‘n Go cards at Sungai Buloh MRT station
PETALING JAYA (Feb 3): Gamuda Land, the property arm of Gamuda Bhd, is celebrating the Lunar New Year by giving away 2,017 Touch ‘n Go cards that have been preloaded with RM30, starting Feb 2 to 5.
CityDev to buy Ransomes Wharf site for S$104 mil
SINGAPORE (Feb 3): City Developments is acquiring from Curatus Trust the freehold Ransomes Wharf site at Battersea London for £58 million (S$103.
MARC removes WCT from watch list
KUALA LUMPUR (Feb 3): Malaysian Rating Corp Bhd (MARC) has removed the rating on WCT Holdings Bhd’s RM2.
Sime Darby restructure could lead to de-rating
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.
IHH Healthcare unit to buy freehold land, private hospital in Manjung
IHH Healthcare Bhd (Jan 31, RM6.
MUFI building America’s first sustainable urban ‘agrihood’
THE Michigan Urban Farming Initiative (MUFI) is developing America’s first sustainable urban “agrihood” in Detroit’s lower North End, with agriculture as the foundation of a mixed-use development.
