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): 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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KUALA LUMPUR (Aug 19): IJM Land Bhd have partnered Allianz Life Insurance Bhd and Allianz General Insurance Company Bhd to introduce HomeTIPS, or the Home Triple Insurance Protection Schemes, for IJM Land homebuyers.
PETALING JAYA: Property developer Sunsuria Bhd (Sunsuria) through its subsidiaries — Sunsuria City Sdn Bhd and Sunsuria Gateway Sdn Bhd — has signed a joint venture with Oride (M) Sdn Bhd to initiate a Bicycle-sharing Programme for the Sunsuria City integrated township development located in Putrajaya South, Salak Tinggi.
KUALA LUMPUR (Aug 19): Marriott International Inc will continue to manage Renaissance Kuala Lumpur Hotel (pictured) for another decade.
Sold for: RM657,000 (RM884.
KUALA LUMPUR (Aug 18): S P Setia Bhd today unveiled its high-end condominium project, Setia Sky Seputeh,at a preview tonight.
SHAH ALAM (Aug 18): Pos Malaysia Bhd, whose share price has risen 16% this month, is looking to monetise its land bank assets, said its group chief executive officer Datuk Mohd Shukrie Mohd Salleh.
Suria Capital Holdings Bhd (Aug 17, RM2) Downgrade to hold from buy with a lower target price of RM2.
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