AZRB 1Q net profit up 45.7% on improved margin, higher property revenue
KUALA LUMPUR (May 30): Ahmad Zaki Resources Bhd's (AZRB) first-quarter net profit rose 45.
KUALA LUMPUR (May 30): Ahmad Zaki Resources Bhd's (AZRB) first-quarter net profit rose 45.
SINGAPORE (May 30): Maybank Kim Eng Research is turning positive on Singapore’s property developers with expectations of a potential rebound in property prices, even without further policy easing.
SINGAPORE (May 30): DBS Vickers expects Frasers Centrepoint Ltd (FCL) and its REITs to deliver consistent returns in the coming years, leveraging on the improved outlook of their key markets of Australia and Singapore.
KUALA LUMPUR (May 30): Grand-Flo Bhd hopes to see equal revenue contributions from its tracking solutions and property development segments this year, in light of a healthy order book and unbilled sales.
Mah Sing Group Bhd (May 29, RM1.
Downgrade to market perform with an unchanged target price (TP) of RM1.
KUALA LUMPUR (May 30): Voir Holdings Bhd is looking to diversify beyond its existing fashion retail territory to include construction and logistics businesses.
KUALA LUMPUR (May 30): Sunway Bhd’s net profit rose 5.
KUALA LUMPUR (May 30): Malaysian Resources Corp Bhd (MRCB) saw its net profit for the first financial quarter ended March 31, 2017 (1QFY17) more than double to RM10.
PETALING JAYA (May 30): IJM Land Bhd has emerged the World Gold Winner in the Master Plan category for its Green Building Index certified green township of Bandar Rimbayu at the Fiabci World Prix d’Excellence Awards 2017.