Eastern & Oriental may extend uptrend, says RHB Retail Research
“The momentum should lift the counter towards next resistance pegged at RM1 and followed by RM1.
“The momentum should lift the counter towards next resistance pegged at RM1 and followed by RM1.
According to the property developer’s filing, quarterly revenue climbed 21.
Datuk Seri Mahadi Che Ngah, 64, served as the 13th mayor of Kuala Lumpur from Oct 1, 2020, to March 31, 2023.
Net profit for the three months ended Dec 31, 2023 (4QFY2023) was RM32.
Following the acquisition, AMSB will lease the property back from Axis REIT for six years, with a starting monthly rental of RM285,833.
Datuk Azmir Merican: The exchange rate does give us a bit of an impact all the time, because of the price of raw materials [which will be] impacted [by] the exchange rates.
The company completed its Australian projects but still has a “significant” presence in the UK, it noted.
Prime Minister Datuk Seri Anwar Ibrahim said the incentives include an industrial building allowance, a tax exemption for 70% of the statutory income for five years for property developers, and a stamp duty exemption for loan and service agreements.
The property developer declared a second interim dividend of 1.
Pintaras Jaya said some of the projects have already commenced work or will commence in March 2024 with contract periods ranging from three to 15 months.