Wing Tai Malaysia Bhd (WTM) shares hit limit up in thin trade this morning after its controlling shareholders offered to take company private at RM1.80 per share — 52% premium over its last traded price of RM1.18.
UOA Development recorded new property sales of RM303 million in 1QFY17 (at 19% of our full-year new sales target of RM1.6 billion), increasing 79% y-o-y yet declining by 44% quarter-on-quarter.
Dutaland Bhd shares fell 7.62% in early trade today after it posted a net loss of RM3.69 million in its third quarter ended March 31, 2017.
Dutaland Bhd posted a net loss of RM3.69 million in its third quarter ended March 31, 2017 compared net profit RM1.21 million a year earlier.
It is massively undervalued despite 52% premium — Pangolin
It’s not affected by Bandar Malaysia stake buy termination.
IGB Corp Bhd's net profit jumped 122% in the first financial quarter ended March 31, 2017 (1QFY17) to RM115.25 million or 8.63 sen a share, from RM51.81 million or 3.88 sen in the previous corresponding period.
Shares of Iskandar Waterfront City Bhd (IWCity), which has been hit by the termination of its Bandar Malaysia deal earlier this month, were back on the uptrend today on fresh buying interest.
The cluster homes in Opal 2 will have built-ups starting from 2,228 sq ft on land sizes of 32 ft x 70 ft and 36 ft x 70 ft. The semi-detached units are on a land size of 32 ft x 80 ft each. Prices start from RM788,000.
Kerjaya Prospek Group Bhd has bagged a RM77 million contract to build a 24-storey office building in Mutiara Damansara, Selangor.
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