Kenanga Investment Bank Bhd has initiated coverage on Al-Aqar Healthcare REIT (KL:ALAQAR) with an 'outperform' call for its recession-proof portfolio, steady distribution per unit projections and decent visibility on sponsor-led assets injection pipeline.
Shares of Sunway Bhd (KL:SUNWAY) rose to new record highs on Thursday after the property-to-healthcare conglomerate reported strong earnings that met market expectations.
IOI Properties Group Bhd (KL:IOIPG) may book a massive income gain from industrial land to be sold at a large premium, analysts said, sending its stock higher on Thursday.
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