BIMB Securities reported in its initiation coverage that Avaland Bhd (KL:AVALAND) could see upsides of 59% to its stock, as the premium-focused Klang Valley property developer’s strong project pipeline provides multi-year earnings visibility.
Gamuda Bhd (KL:GAMUDA) outperformed on Friday as investors shrugged off a weaker-than-expected quarter at the construction and property development firm.
The Malaysian REIT Managers Association (MRMA) has appointed Derek Teh Wan Wei as chairman of the association at its annual general meeting.
MBSB anticipates retail sales to moderate to 5.5% in 2026 from 6.1% a year ago, as a healthy labour market and positive income growth, including salary adjustments for the public sector, are expected to establish steady support for consumption activity.
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