UOB KayHian starts coverage on Lagenda Properties, target price RM2.05
UOB KayHian has initiated coverage on Lagenda Properties Bhd (KL: LAGENDA) with a “buy” rating at RM1.49 and target price (TP) of RM2.05.
UOB KayHian has initiated coverage on Lagenda Properties Bhd (KL: LAGENDA) with a “buy” rating at RM1.49 and target price (TP) of RM2.05.
Noteworthy:
When: February 2024
Sentral Real Estate Investment Trust (KL:SENTRAL), or Sentral REIT, posted a 30.29% increase in its net property income in the first quarter ended March 31, 2024 (1QFY2024) to RM38.15 million from RM29.28 million a year ago, on higher contribution from four of its key properties.
The High Court of Sabah and Sarawak yesterday settled a lawsuit over defects in the common area of the Peak Vista Condominium at Signal Hill besides the intercom system of both towers of the condo project that has been unresolved for over a decade.
Hartamas Real Estate (Malaysia) Sdn Bhd marked milestones in the company's progress while recognising the dedication and achievements of staff and agents during its Awards for Excellence event recently.
IJM Land Bhd has achieved 55% take-up rate for serviced apartment Daffodil Residency since its launch on March 1, according to a press statement on May 7.
GCH Retail (M) Sdn Bhd, the operator of Giant hypermarkets, said the courts are still deciding on the company’s tenancy dispute with its landlord over premises it is currently occupying in Batu Caves.
Noteworthy:
When: March 2024
Presently, the funds under AHB are managed by Maybank AB while its sponsor is PHB and its trustee is AmanahRaya Trustees Bhd.
“The decision to actively participate in the KIGIP development is an important milestone for us as we venture into the natural adjacency of plantation companies.”