Malaysia Building Society Bhd (MBSB) is targeting to deliver a high return on equity (ROE) of 6.0%-6.5% this year, up from 5.2% in 2022, even as the Islamic commercial bank faces margin pressure arising from increasing cost of funds.
The project, commissioned by Global Vision Logistics Sdn Bhd, will establish the country's first green-certified logistics hub, one of the largest in the Asean region.
Analysts have kept their "buy" calls on Gamuda Bhd, following its results for the third financial quarter ended April 30, 2023 (3QFY2023), which largely met expectations.
The deal announced by developer S P Setia Bhd on Monday (June 19) pertaining to the divestment of 500 acres of freehold land in Semenyih, Selangor to peer Mah Sing Group Bhd for RM392.04 million, has been viewed positively by analysts in general.
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