S P Setia earnings expected to recover gradually this year
Underpinned by contributions from overseas projects.
GDB to focus on high-rise, expand into other segments
As at Feb 6, the group had an outstanding order book of RM854.9 million.
Sime Darby Property could keep unlocking land value
Has potential to unlock its vast strategically located landbank measuring 20,763 acres (8,402.49ha) with an estimated GDV of RM100 billion.
LBS Bina a leading player in affordable housing
Eight new projects worth RM2.19 billion will be launched, with primary concentration in the Klang Valley.
S P Setia 3Q earnings within estimates
All in, projects worth about RM2.03 billion are expected to be unveiled in 4QFY17, which include new phases of Setia Alam, Setia EcoHill, Setia Eco Templer and KL Eco City.
Performance of new hotels helps improve IGB’s earnings
Southpoint Tower in Mid Valley City is now expected to be completed by the first half of 2018.
Third LRT3 package expected to ensure WCT’s earnings visibility
PublicInvest Research maintains neutral on WCT Holdings.
LBS Bina acquires 100% stake in Gombak mall deal
M3 Mall is part of a larger mixed development project known as Medan Mega Melati which includes the M3 Residency, two blocks of 16-storey serviced apartments built atop the mall.
LBS’s earnings visibility seen healthy for next two years
Puchong remains a key driver with the Bandar Saujana Putra, D’Island and Desiran Bayu projects making up 45% (RM357 million) of total sales.
Sime Darby’s new leadership to pave the way for demerger
The demerger exercise will see the separate listing of the plantation and property entities, while other units, namely industrial, motors, logistics and other non-core businesses remain under Sime Darby Group.
