Sunway appoints Sapura Energy ED Anuar Taib as independent director
Sunway Bhd has appointed Datuk Mohd Anuar Taib as its independent and non-executive director, effective Friday (July 7).
RHB IB lowers target price for UOA Development to RM1.71
RHB Investment Bank research has maintained its “neutral” rating on UOA Development Bhd (UOAD) at RM1.58 with a lower target price (TP) of RM1.71 (from RM1.86) and said the developer’s launches are going as planned and UOA Development’s new F&B business should complement its property projects.
Rakuten Trade expects SkyWorld to register net earnings of RM149.3m and RM158.3m for FY3/24 and FY3/25
Rakuten Trade has rated SkyWorld Development Bhd a “buy” at 80 sen with a target price (TP) of 96 sen based on the average PER of 8x and P/BV 0.8x.
SkyWorld Development opens unchanged at 80 sen on Main Market debut
Property developer SkyWorld Development Bhd made a flat debut on Main Market of Bursa Malaysia on Monday (July 10) with an unchanged open price from its initial public offering (IPO) price of 80 sen.
MCT unveils new identity as Avaland
Formerly known as MCT Bhd, the company has rebranded itself as Avaland Bhd after unveiling its new corporate image last night.
PAM urges local govts to preserve, plant more urban street trees
The Malaysian Institute of Architects (PAM) has urged local governments to adopt a more sustainable approach towards urban development and prioritise the preservation and planting of new urban street trees, according to a statement on Friday (July 7).
RHB Research maintains 3.25% OPR forecast on further ringgit weakening, sticky inflation
RHB Research maintained its Overnight Policy Rate (OPR) forecast at 3.25%, in contrast with most other economists who see Bank Negara Malaysia holding on to the 3% key borrowing rate until the end of the year.
Gamuda, VTAR sign MOU to launch Digital IBS course
Gamuda Bhd and VTAR Institute (VTAR) have signed a memorandum of understanding (MOU) to launch a new technical and vocational education and training (TVET) course for next-generation (next-gen) Digital Industrialised Building System (Digital IBS).
With BNM staying its course, economists peg OPR at 3% till year-end
As Bank Negara Malaysia’s decision to hold the overnight policy rate at 3% came in line with consensus expectations, most economists see the central bank keeping its monetary policy stance on hold until the end of the year.
Landmarks' Andaman Resorts placed under receivership after defaulting on OCBC loan
Landmarks Bhd said its wholly owned Andaman Resorts Sdn Bhd (ARSB), which in March defaulted on its financing facilities totalling RM133.37 million from OCBC Bank (Malaysia) Bhd, has been placed under receivership.
