News by M

Renewed interest in counter comes amid talk IWH CREC is back in Bandar Malaysia

Iskandar Waterfront City Bhd shares resumed their uptrend in active trade this morning after a frenzy of buying interest in the stock in afternoon trading session pushed up its share price by 29.9%, or 49 sen, yesterday.

The buyer is another Hong Kong listed company, Co-Prosperity Holdings Ltd.

Shares in Iskandar Waterfront City Bhd (IWCity) gained as much as 39 sen or 23.8% to RM2.03 in afternoon trading after it was reported that the government may allow the IWH-CREC consortium back in Bandar Malaysia.

Maybank Kim Eng is reiterating its “buy” call on UOL as its top sector pick, raising its price target to S$8.30 from S$7.93.

The ninth International Conference on World Class Sustainable Cities 2017 will have the theme “Transforming Cities: Design, Nature and Human Lives”.

Trinity Group Sdn Bhd is looking to launch Trinity Lemanja in Kepong this June.

Location and price are typically some of the top factors a buyer considers when choosing a property. However, there are also other elements at play in providing a pleasant experience to homebuyers.

City Developments announced S$85.5 million in earnings for the 1Q ended March, 18.9% lower than the S$105.3 million it posted in the same quarter a year ago.

 Property sales are poised to grow in 2017 after three consecutive months of year-on-year increase in approved loans.