RHB Investment Bank Research (RHB IB) has maintained its "buy" rating on Kerjaya Prospek Group Bhd at RM1.49 with a new target price (TP) of RM1.71 (from RM1.78) and said the company is in a sweet spot to secure more jobs in the coming months.
China-based Zhejiang UNITY Technology Co Ltd on Wednesday signed a memorandum of understanding (MOU) with NCT Group of Companies to set up its facility in NCT Smart Industrial Park (NSIP) in Sepang, Selangor.
Think City managing director Hamdan Abdul Majeed was conferred a Special Citation by the United Nations Human Settlements Programme (UN-Habitat) on Sunday (Nov 19), in recognition of his leadership and contributions to urban regeneration.
Phillip Capital has maintained its "buy" rating on Lagenda Properties Bhd at RM1.20, with a lower revalued net asset value-derived target price of RM1.51 (from RM1.55 previously).
MIDF Research has maintained its “buy” rating on Matrix Concepts Holdings Bhd at RM1.60 with an unchanged target price of RM1.86 and said it expects the developer’s 2QFY2024 earnings to be stronger on a yearly basis, due to a pick-up in construction progress at its project sites.
LBS Bina Group Bhd has recorded a 13.8% growth in net profit for the third quarter ended Sept 30, 2023 (3QFY2023), underpinned by better site construction activities, as well as cost savings upon delivery of vacant possession for two completed projects.
As a result, earnings per share for 3QFY2023 came in higher at 3.55 sen compared with 1.38 sen for 3QFY2022.
Kerjaya Prospek said it has not commenced any contract work to-date.
The builder declared an interim dividend of two sen, with an ex-date on Dec 14 this year.
M Minori is Mah Sing’s inaugural M Series development in the southern region.
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