Construction to outperform GDP growth in 2017
Construction sector Maintain overweight: Development expenditure for 2017 has been set at RM46 billion, which is flattish at +2% year-on-year (y-o-y).
RHB strategy for 2017: What will hold this retail REIT steady amid a dismal outlook?
SINGAPORE (Jan 5): RHB is maintaining its “buy” call on Frasers Centrepoint Trust (FCT) with a target price of $2.
Eco Business Parks, the hidden gems of EcoWorld
PETALING JAYA (Dec 24): Despite the soft high-rise residential market in Johor, it is a different story for the industrial sector, which is driven by need and not speculation.
Ekovest brushes aside ringgit concerns in relation to highway project
KUALA LUMPUR (Dec 16): The weak ringgit against the US dollar is not expected to have a major impact on the construction of Ekovest Bhd’s Setiawangsa-Pantai Expressway (SPE), formerly known as the Duta-Ulu Kelang Expressway (DUKE) Phase 3.
The night is young
WITH his boyish looks and impish sense of humour, Datuk Douglas Cheng could sell ice to an Eskimo.
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EcoWorld to launch new townships in Penang and Semenyih, sets RM4 bil local sales target for FY2017
SETIA ALAM (Dec 8): Eco World Development Group Bhd (EcoWorld) is aiming for an even higher sales target for its 2017 and 2018 financial years after having met its sales target of RM4 billion in FY2016 ended Oct 31, 2016.
MRCB sells RM180 million plot of land to MRT Corp
KUALA LUMPUR (Nov 17): Malaysian Resources Corp Bhd (MRCB) is disposing of a one acre plot of land to Mass Rapid Transit Corp Sdn Bhd (MRT Corp) for RM180 million due to concerns over its proximity to the construction of the MRT Line 2.
On the property sector’s outlook — Is the worst over?
Continues from: On ways to lift the market ‘Prices will not come down but .
EcoWorld’s en bloc sale seen enhancing BBCC project
Maintain buy with an unchanged target price (TP) of RM1.
EcoWorld to use placement proceeds for EWI subscription
SEMENYIH (Oct 12): Eco World Development Group Bhd (EcoWorld) said it intends to use the proceeds from its latest private placement to partly finance its subscription of Eco World International Bhd (EWI), which is slated for listing.
