Anzo gapped up, says AllianceDBS Research
KUALA LUMPUR (June 29): AllianceDBS Research said Anzo Holdings Bhd (Anzo) had on June 26 gapped up to reach the highest high of 18.
KUALA LUMPUR (June 29): AllianceDBS Research said Anzo Holdings Bhd (Anzo) had on June 26 gapped up to reach the highest high of 18.
KUALA LUMPUR (June 25): Should the government cancel its plan to take over the four tolled highways that Gamuda Bhd has majority stakes in, it will have no impact on the group’s cash flow, said an analyst who tracks the company.
KUALA LUMPUR (June 25): The Perikatan Nasional (PN) government may not proceed with the takeover of four toll highways which Gamuda Bhd has a majority stake in — Damansara-Puchong Expressway, SPRINT Expressway, Shah Alam Expressway, and SMART Tunnel — according to Affin Hwang Capital Research.
KUALA LUMPUR (June 18): Trading interest in shares in Genting Malaysia Bhd (GenM) spiked after it announced that its Resorts World Genting (RWG) will resume operations tomorrow, and analysts are positive on this.
The current downturn in the economy amid the Covid-19 outbreak has caused many new property launches to be delayed.
As Malaysia is now into the Conditional Movement Control Order (CMO) periodwhere the majority of the working population is allowed to return to their workplace, Architect Centre Sdn Bhd accredited architect and trainer Anthony Lee Tee is worried about the “invisible health threats” to office workers and occupants as no commercial buildings are designed to be shut down for months at a time.
The close to two-month Movement Control Order (MCO) to curb the spread of the Covid-19 outbreak which began on March 18 had forced every strata property owner and residents to have a newfound appreciation for effective property management and proper maintenance of the buildings they live in.
PETALING JAYA (May 22): The Movement Control Order (MCO) that was implemented from March 18 to May 3 meant non-essential businesses and services could not operate throughout the duration.
PETALING JAYA (May 22): More stringent Standard Operating Procedures (SOP)s for short term rental operations in strata buildings are needed to prevent the spread of diseases such as the Covid-19, said Henry Butcher Mont’ Kiara executive director Low Hon Keong.
PETALING JAYA (May 22): Many strata property owners may have sought waivers or discounts on maintenance fees since the Covid-19 outbreak and the ensuing Movement Control Order (MCO) period but such fee waivers and discounts are not viable as any adjustments in fee collection or sinking funds will need the approval of property owners via an AGM or EGM, said Chur Associates founder and managing partner Chris Tan.