IOI Properties’ high gearing may swell with Shenton House project; shares down though analysts stay bullish
TA Securities and Hong Leong Investment Bank (HLIB) said the net gearing of IOI Properties would substantially rise to 0.
DONE DEAL: Bungalow, Damansara Endah, Kuala Lumpur
DONE DEAL: Terrace house, Taman Puncak Jalil, Selangor DONE DEAL: Office, Menara The Stride, Bukit Bintang City Centre, Kuala Lumpur South of Damansara Heights is Damansara Endah, where average transaction prices for landed residential properties have increased by 73.
Gamuda's 3Q profit rises 6% to RM235.8m, driven by overseas projects
Quarterly revenue grew 20.
IOI Properties receives proposal from CEO to jointly develop Shenton House in Singapore
Shenton House covers 3,377 sq m and is designated for commercial use with a gross plot ratio (GPR) of 11.
Gamuda's core profit may have risen up to 12% in 3Q — RHB
Gamuda's core net profit could come in between RM230 million and RM250 million for the third quarter ended March 31, 2024 (3QFY2024), the research house said in an earnings preview note.
Earn in SGD with your property: Benefits of RTS Link and the Johor-Singapore Special Economic Zone
The RTS, which is currently 65% finished and expected to start running in 2026, will make it much easier for people to travel between the two areas, boosting economic activity.
GDB climbs over two-year high after contract win
The construction firm announced that its wholly owned subsidiary, Grand Dynamic Builders Sdn Bhd (GDBSB), had accepted a letter of award for the construction of Plot B of a logistics hub from Strategic Sonata Sdn Bhd.
IJM unit clinches two building projects worth RM962m
This strong project portfolio has strengthened IJM Construction's order book to RM7 billion, comprising high-profile private and public sector projects in building construction and civil engineering, ensuring near-term earnings visibility, said IJM.
GDB bags RM866 mil contract from PNB-backed company for Shah Alam logistics hub
As the main contractor, GDB has to design, build and maintain the five-storey ramp-up warehouse, complete with offices, amenities, and supporting facilities.
