News by Kenanga Investment Bank

Kerjaya’s property arm’s Vista Genting, with a gross development value of RM300 million that was launched in early 2016, has achieved a healthy 60% take-up rate.

Fundamental data is revealing that the sector may be undergoing a structural change, which may change the traditional property cycle altogether.

Quarter-on-quarter, EcoWorld’s earnings were up by 5% albeit a 32% decline in revenue.

In terms of YTD new contracts, Kimlun has clinched RM554 million worth of new contracts, which is on track with our full-year new contracts assumption of RM700 million.