Strong demand remains for properties

Property sector Maintain neutral: Although the value of residential loans approved, an indicator of property sales, fell 15% in 2016, four out of the seven developers in our coverage managed to grow their property sales by 3% to 77% in 2016.

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Mulpha plans 10-into-one share consolidation

KUALA LUMPUR (March 22): Energy, construction and real estate group Mulpha International Bhd has announced a 10-into-one share consolidation plan to improve its capital structure and reduce the trading volatility of its shares.

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