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.
DONE DEAL: Light industrial lot in Bayan Lepas, Penang
Rented for: RM20,000 a month Concluded by: Jerome Eng Sitt Tatt (E 2316) of CBD Properties (Penang) Sdn Bhd (012-419 9298) When: October 2016 Noteworthy: ● Leasehold ● 1.
Berjaya Land buys 0.9% stake in 7-Eleven Malaysia
KUALA LUMPUR (Feb 2): Berjaya Land Bhd has acquired 10 million shares or a 0.
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.
