The research house said that in view of the stock also breaking out from the one-month downward channel pattern last week, which coincides with its rising exponential moving average, the upward momentum may be present now.
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The rate is higher than the 5.
The construction firm has proposed to undertake a renounceable rights issue of up to 243.
The arbitration shall be conducted and administered by the Asian International Arbitration Centre (AIAC) with the seat of arbitration in Kuala Lumpur, Econpile said.
Ho Hup said Golden Wave has filed a lawsuit in the Kota Kinabalu High Court seeking to set aside the entire adjudication decision under the Construction Industry Payment and Adjudication Act, citing concerns of natural justice and impartiality.
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Jiankun said the proposed acquisition is expected to provide the group an opportunity to venture into property development in the northern part of Peninsular Malaysia and contribute positively to the group's revenue and profitability.
The acquisition consideration will be satisfied through the disposal of malls and several residential units to PKNS, and funding through internally generated funds.
Event to foster and strengthen transfer of knowledge between architects and the built industry KUALA LUMPUR (Dec 22): UEM Sunrise Bhd recently collaborated with the Kuala Lumpur Architectural Festival to organise the KLAF Design Charrettes 2023.
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