IJM Land Bhd
(March 26, RM2.30)

KUALA LUMPUR: Kumpulan Europlus Bhd (KEuro), which is 25%-owned by IJM Corp Bhd, has continued the disposal of its shares in Talam Corp Bhd.

According to its latest filings to Bursa Malaysia Securities, KEuro sold off 2.33 million shares on March 9 and 10, 2010, thereby reducing its stake in Talam to 26.52%.

KUALA LUMPUR: After a sluggish first quarter, a likely pick-up in large-scale projects in the second half (2H) and improving margins may invite earnings upgrades and better recommendations for construction counters.

The latest upgrade in the industry was perhaps that for IJM Corp Bhd, the nation’s largest builder in terms of market capitalisation.

Strong rebound

A more exciting future lies ahead

We visited Eastern & Oriental (EOB) recently and took away the following points;

KUALA LUMPUR: Malaysia Pacific Corp (MPC) and Beijing Construction Engineering Co.

The business of selling bricks and mortar will move up several notches in Malaysia when the high-flying S P Setia Bhd takes its marketing to the skies…literally.

One crucial aspect of investing in real estate is the objective of the investment. Property investors often make the mistake of buying into property without deciding what their objectives are, says Bukit Kiara Properties group managing director N K Tong.

Since the global financial crisis, a number of UK developers have begun to market their properties in Malaysia. They appoint local realtors and hold exhibitions, giving Malaysians first dibs on the properties, even before they are released in the UK itself.