UOA Development to have weaker 2Q — Kenanga Research

KUALA LUMPUR (June 30): While UOA Development Bhd's first quarter ended March 31, 2020 (1QFY20) came in within expectations, Kenanga Research is of the view that developer will have a weaker 2QFY20 as it has to contend with the fallout of the Movement Control Order (MCO).

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Hektar REIT in survival, recovery mode for rest of FY20

PETALING JAYA (June 29): Hektar Real Estate Investment Trust (REIT) said it is in “survival plus recovery” mode for the rest of the financial year ending Dec 31, 2020 (FY20) as the group contends with the impact of Malaysia's movement control order (MCO) to curb the Covid-19 pandemic.

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