Sunway Construction poised for a potential breakout, says Public IB Research

KUALA LUMPUR (Jan 27): Public IB Research said that squeezing into an ascending triangle for the past 3 months, Sunway Construction Group Bhd is poised for a potential breakout into new high territories as both bullish relative strength index and MACD indicators signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in the near term.

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Unsolicited offers for Selayang StarCity Mall

In an environment where consumer sentiment is weak and new malls are struggling to perform, a shopping centre that is soon to be completed in Selayang, Selangor — Selayang StarCity Mall (SSCM) — is attracting interested buyers, including funds and real estate investment trusts.

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