Matrix on track to achieve sales target
Sales momentum was sustained in 2QFY17 with new sales reaching RM250 million.
ECRL shaping up to be big theme for 2017
Press reports have previously indicated that the recent ECRL memorandum of understanding does not exclude potential partnerships with, or the participation of, local contractors.
Pulau Jerejak issue — Lim asks Teng to show proof on potential RM220 mil profit
Lim rubbished the claim by Teng saying that it was dangerous slander.
Hua Yang marks debut in Penang with Meritus Residensi
Meritus Residensi will consist of 480 units of serviced apartments and 15 retail units with an estimated gross development value of RM220 million.
S P Setia 'bumper earnings' seen — RHB
S P Setia Bhd is expected to see strong fourth quarter earnings, due to the handover of the property developer's two overseas projects, according to RHB Research Institute Sdn Bhd.
Liow’s justification of ECRL cost raises more questions than answers, says Pua
Pua said Liow appeared to be desperately making up responses to questions as they arise, as his answers raised far too many more questions on the RM55 billion project.
MREITs unlikely to be impacted by US interest rate concerns
Generally, MREITs’ gearing level is below 30%, and is backed by ringgit debt and fixed interest rates.
KLK expected to post 4QFY16 CNI of RM330 mil to RM350 mil
Property-division earnings should decline, but the impact is minimal.
JV with CREC seen adding RM120 mil to Titijaya’s RNAV
One of the key strengths of Titijaya is its ability to expand its landbank through: i) joint ventures; and ii) land swaps with strategic partners such as government agencies and synergistic partners.
Immediate hurdle for Gadang at RM2.79, says AllianceDBS Research
“A crossover of RM2.79 should see further price rise to the next overhead resistance at RM2.94."
