CNQC deal seen to help Vivocom expand in construction
CNQC’s network is extensive, covering real estate development and construction across Singapore, Indonesia, Hong Kong, Macau, Indonesia and Vietnam.
Raising stake in Sunway South Quay will lead to higher future earnings for Sunway
Raising its stake in Sunway South Quay from 60% to 80%.
MBSB 1HFY17 profit above expectations
The strong growth was attributable to higher income from net financing/loans, investment activities and lower cost of funds.
S P Setia seen on track to achieve sales target
MIDF Research deems SP Setia's 1HFY17 results as within expectations.
Minimal earnings impact on Sunway from Sunway Clio disposal
Sunway Clio is a 19-storey four-star rated hotel with 401 rooms and has 88,384 sq ft of retail space.
No immediate impact expected from Sunway land acquisitions
The acquisitions are estimated to be completed by February 2018.
Sunway sees better FY18 sales outlook after land acquisition
The land will be acquired with approvals obtained for a mixed-use development with a plot ratio of 8.81 times, indicating projects on the land will be readily launched.
Vivocom profit to grow stronger in FY18
For affordable housing, the management has indicated that Perak and Terengganu present stable opportunities as demand is continuous there.
Mah Sing’s focus on Klang Valley, affordable project should bode well in near term
MIDF Research maintains neutral on Mah Sing with a lower target price of RM1.59.
