HLIB lowers target price on IJM Corp after earnings forecast cut
KUALA LUMPUR (March 9): Hong Leong Investment Bank Bhd (HLIB) has lowered its target price on IJM Corp Bhd to RM1.
YTL Hospitality REIT's FY20-21 earnings to grow 9%, says Affin Hwang
KUALA LUMPUR (Dec 31): Affin Hwang Capital Research forecasts YTL Hospitality Real Estate Investment Trust (YTL REIT) to grow its distributable financial year 2020-2021 earnings (FY20-21E) by 9% year-on-year, driven by higher contributions from Green Leaf Niseko Village, JW Marriott KL and Brisbane Marriott Hotel, and lower financing cost for its Australian dollar borrowings.
S P Setia 3Q net profit jumps 67% on higher property development revenue
KUALA LUMPUR (Nov 13): SP Setia Bhd's net profit for the third quarter ended Sept 30, 2019 jumped 67.
OCR disposes loss-making subsidiary for RM4.4 mil
KUALA LUMPUR (April 27): OCR Group Bhd has entered into a share sale agreement with Singaporean Choo Peng Hung to dispose its entire equity stake of 100% in Takaso Industries Pte Ltd (TIPL) for RM4.
KLK’s 1Q net profit shrinks as plantation, property earnings weaken
KUALA LUMPUR (Feb 13): Kuala Lumpur Kepong Bhd (KLK)’s net profit fell 11% to RM320.
MBSB’s delivery channels seen to help new customer acquisition
Malaysia Building Society Bhd (Feb 2, RM1.
No clear expansion plans seen for Mitrajaya’s rights issue
Mitrajaya Holdings Bhd (Oct 16, 94.
Glomac plans 1-for-10 bonus issue
KUALA LUMPUR (Aug 2): Glomac Bhd is proposing to undertake a bonus issue on the basis of one bonus share for every 10 Glomac shares held to reward existing shareholders and improve liquidity and marketability of its shares.
Gadang up 6.8% on strong 2Q earnings
KUALA LUMPUR (Jan 26): Construction and property outfit Gadang Holdings Bhd saw its stock rise as much as 6.
