Amcorp Properties Bhd (Aug 22, 92 sen) Maintain hold with unchanged target price of 89 sen: In the absence of any major property disposal, Amcorp Properties Bhd’s (AmProp) net earnings contracted a sharp 92% year-on-year to a mere RM4.
THE HILLS of Ukay Heights in Ampang offer a quiet respite from the sprawling skyscrapers and bustling traffic in the city centre.
ECO World Development Group Bhd is scheduled to hand over the first phase of the 1,089-acre Eco Majestic township in Semenyih, Selangor, by October.
SINGAPORE (Aug 22): CapitaLand Retail China Trust (CRCT) is looking at a “potential core asset” in its newest acquisition, the Galleria shopping mall in Chengdu, China.
KUALA LUMPUR (Aug 22): IOI Properties Group Bhd has reported a 3% drop in net profit for its fourth financial quarter ended June 30, 2016 (4QFY16) to RM389.
KUALA LUMPUR (Aug 22): Shares in construction form TRIplc Bhd were down as much as 18 sen or 10.
SINGAPORE (Aug 22): UOB Kay Hian is maintaining its “buy” rating for Genting Singapore, but with a lower target price of 84 cents from 88 previously as the casino operator is hit by lower mass market gross gaming revenue (GGR) at its Resorts World Sentosa (RWS) integrated resort.
KUALA LUMPUR (Aug 22): Genting Group is among six bidders for a casino project in Toronto, Canada, according to a New York Post report.
KUALA LUMPUR (Aug 22): After a rather dismal year in which earnings plummeted 75% on reduced profit margin as revenue slid 23% on lower construction contribution, Kedah-based property player EUPE Corp Bhd expects its financial year ending Feb 28, 2017 (FY17) to chart better numbers in both revenue and profit.
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