Demand-driven recovery for property sector
Property sector Upgrade to positive: Property sales are poised to grow in 2017 after three consecutive months of year-on-year (y-o-y) increase in approved loans.
S P Setia optimistic of achieving RM4 bil sales this year despite lower 1Q net profit
KUALA LUMPUR (May 11): S P Setia Bhd, which is controlled by Permodalan Nasional Bhd, saw its net profit for the first quarter ended March 31, 2017 (1QFY17) drop 14.
Kerjaya Prospek bags RM207.36 mil contract
KUALA LUMPUR (May 11): Kerjaya Prospek Group Bhd has bagged a contract worth RM207.
Frasers Centrepoint sees 42% fall in 2Q earnings to S$71 mil
SINGAPORE (May 11): Frasers Centrepoint posted a 42.
Hatten Land sinks into the red on RTO-related expenses
SINGAPORE (May 11): Hatten Land, the property development arm of Malaysian conglomerate Hatten Group, reversed to a loss of RM74.
MK Land sells Perak land for RM72 mil
MK Land Holdings Bhd (May 9, 33 sen) Maintain neutral with an unchanged target price (TP) of 35 sen: MK Land Holdings Bhd has entered into two sale and purchase agreements with KL Teh Land and Development Sdn Bhd for the disposal of nine parcels of leasehold land for RM72 million.
Northern star
At the corner of Jalan Penjara Lama in Pekan Cina, Alor Setar, Kedah, lies a row of refurbished shophouses that still retain their colonial charm.
IRB seizes Lee Kim Yew's FDs worth RM126 mil over Country Heights' tax arrears
KUALA LUMPUR (May 9): Country Heights Holdings Bhd says its executive chairman and major shareholder Tan Sri Lee Kim Yew's fixed deposits of some RM126 million placed in a foreign-owned bank has been seized by the Inland Revenue Board.
