Eastern & Oriental may extend uptrend, says RHB Retail Research
“The momentum should lift the counter towards next resistance pegged at RM1 and followed by RM1.
Companies moving to Tun Razak Exchange to enjoy incentives, says PM
Prime Minister Datuk Seri Anwar Ibrahim said the incentives include an industrial building allowance, a tax exemption for 70% of the statutory income for five years for property developers, and a stamp duty exemption for loan and service agreements.
Strong MCement, YTL Power performance lift YTL Corp 2Q profit six-fold to RM589 mil
Aside from YTL Power and MCement, YTL Corp has exposure to the hotels segment through YTL Hospitality REIT, where it holds a 55% direct and a 3.
Radium Development records profit before tax of RM15.77 mil for 4QFYE2023
Radium Development also maintained a gross gearing ratio of 0.
IPC Shopping Centre unveils new anchor tenant MR DIY Plus, more F&B offerings opening this year
Upcoming F&B tenants include Canton Boy, Mr Vegan, Pezzo Pizza, BabaBoy, BananaBro, Bread History & Sandwich Box, KPOP Madang, Taste of Medan, Noodle King House as well as a Western restaurant with a bar concept adjacent to Canton Boy.
Eastern & Oriental’s 3Q earnings rise to RM34m lifted by its property and hospitality segment
Going into 4QFY2024, E&O aims to launch another new product offering on Andaman Island, with 261 units of low-density luxury serviced apartments.
Citaglobal-Reneuco consortium wins 30-year concession to power up ECRL
The concession includes the development of power transmission and interconnection facilities valued at RM600 million, which is expected to be commissioned in stages by mid-2026.
LBS Bina posts 31% growth in 4Q earnings amid higher contribution from property biz
Net profit for the quarter ended Dec 31, 2023 (4QFY2023) rose to RM36.
DONE DEAL: Office, Shah Alam, Selangor
DONE DEAL: Factory, Meru, Klang, Selangor DONE DEAL: Condominium, Bukit Bintang, Kuala Lumpur Shah Alam’s well-established industrial parks are in high demand because of their proximity to up and coming residential areas like Kota Kemuning, Taman Sri Muda, and Taman Bunga Negara.
TH Properties sells around 50 acres of Bandar Enstek land to four companies for RM70m
The four companies are GoBuilders Netsoft Sdn Bhd, Epsom College in Malaysia via Educ8 Group Sdn Bhd, Malindo Airways Sdn Bhd (Batik Air), and Meta Legends Sdn Bhd.
