RHB IB lowers target price for UOA Development to RM1.71
RHB’s Loong Kok Wen said she expects its investment properties to drive earnings slightly in the coming quarters, premised on higher occupancy rates.
SkyWorld Development opens unchanged at 80 sen on Main Market debut
The Kuala Lumpur-based company has raised RM320 million through its IPO, making it the third-largest listing exercise on Bursa in 2023 so far.
MCT unveils new identity as Avaland
A subsidiary of Ayala Land Inc which bought a majority stake in the company in 2018, Avaland has since undergone a comprehensive organisational restructuring exercise and refocused its core business on property development.
PAM urges local govts to preserve, plant more urban street trees
PAM said this is due to an alarming increase in the unnecessary felling of street trees by local governments in the Greater Kuala Lumpur region.
RHB Research maintains 3.25% OPR forecast on further ringgit weakening, sticky inflation
The research house’s view contradicts OCBC’s and UOB’s view that BNM will hold the OPR at 3% for the rest of the year, but aligns with MIDF Research's view that an increment will occur in the second half of the year.
Gamuda, VTAR sign MOU to launch Digital IBS course
Gamuda noted that this RM30 million partnership will see the company collaborating with VTAR to create the Certificate in Digital Manufacturing in Construction programme.
With BNM staying its course, economists peg OPR at 3% till year-end
Domestically, the central bank noted that following its strong outturn in the first quarter of the year, the local economy has since expanded at a more moderate pace as exports were weighed down by slower external demand in line with expectations.
Landmarks' Andaman Resorts placed under receivership after defaulting on OCBC loan
The group said in a bourse filing that OCBC has proceeded to appoint Khoo Siew Kiat and Lim Keng Peo of Deloitte Restructuring Services PLT as the "joint and several receivers and managers over the assets and undertakings of ARSB", whose assets have a net book value of RM25.
Aneka Jaringan bags RM22 mil contract for affordable housing project in KL
Rumah Wilayah Keluarga Malaysia consists of a total of 1,010 units that includes a wide range of amenities such as a main lobby, management office, kindergarten, shops, laundry facilities, parking spaces, M&E room, multipurpose hall, facilities podium with a swimming pool, and more.
Sunway Property completes RM30 mil public upgrading works in Kelana Jaya
The project, which includes upgrades to the existing road networks, as well as the rehabilitation of the 15-acre Sunway Serene Lake, was done in tandem with its planning for the 17-acre Sunway Serene development.
