Kenanga ups target price for Genting on 'recovery play' despite 1HFY21 results missing expectations

KUALA LUMPUR (Aug 30): Kenanga Research said while Genting Bhd’s first half ended June 30, 2021 (1HFY21) core loss of RM111 million missed expectations, strong UK and US numbers in the second quarter (2QFY21) due to reopening and relaxing operating restrictions led the research house to believe that a swift recovery is in store for Resort World Group and Resort World Singapore once business and borders reopen.

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Kerjaya Prospek's net profit up 59% in 2Q2021

KUALA LUMPUR (Aug 26): Kerjaya Prospek Group Bhd recorded a year-on-year (y-o-y) increase of 59% on its net profit to RM16 million in its second quarter of 2021 financial year ending Dec 31, 2021, mainly contributed by its construction division.

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DONE DEAL: Double-storey bungalow at Taman Duta, Kuala Lumpur

Read also DONE DEAL: Super-link house at The Mansions, Desa ParkCity DONE DEAL: Two-storey terraced house at Aman Suria Damansara, Petaling Jaya, Selangor Located within Kuala Lumpur’s exclusive enclave of Bukit Tunku, the upscale residential neighbourhood of Taman Duta consists of high-end landed properties and condominiums that offer a reclusive and private environment to its residents.

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