Recurring rental income seen for Sime Darby Property’s JV
Also allow Sime Darby Property to tap its foreign partners’ expertise.
Al-Salam REIT assets seen to remain resilient
Al-Salam REIT is assessing a handful of properties for acquisition worth RM775 million in total.
Lower rental from Da Men affects Pavilion REIT’s earnings
Q-o-q earnings growth was mainly supported by some improvements in tenancies at Pavilion KL and Intermark Mall.
Retail-segment earnings recovery seen coming soon for AEON
The new AEON malls are gaining traction.
CMS units still major beneficiaries of Pan Borneo Highway Sarawak job
Cahya Mata Sarawak Bhd’s (CMS) cement and construction materials divisions remain major beneficiaries of the Pan Borneo Sarawak Highway and would support earnings into 2017 with physical works expected to accelerate in the second half of 2017.
First 2017 job win will increase HSL’s order book by 16%
Hock Seng Lee Bhd (HSL) has been awarded Package A of the Centralised Wastewater Management System for Miri City (Phase 1) worth RM333 million.
HSL’s two major jobs to kick off in 2017
2016 saw two sizeable job wins which lifted Hock Seng Lee Bhd’s (HSL) outstanding order book to a record RM2.2 billion. Physical construction has, however, been slow, and is expected to progress meaningfully only in 2017.
EcoWorld’s en bloc sale seen enhancing BBCC project
Also, the presence of Mitsui Fudosan will help enhance marketability and differentiate the BBCC from nearby projects...
Glomac faces challenging sales target
Sales may have fallen short in 1QFY17 on the lack of new launches.
Glomac’s FY17 sales target appears aggressive
Glomac’s FY16 property sales were weak at RM304 million, a decline of 40% y-o-y and 40% below management’s initial target.
