RHB Research has maintained its “overweight” rating of the property and real estate sector, naming IOI Properties Group Bhd and Matrix Concepts Holdings Bhd as its top picks.
Work on the Johor Bahru-Singapore Rapid Transit System (RTS) Link project is progressing well, and has now reached 32.42% completion to include various components such as the depots, stations, land lines and marine lines.
Noteworthy:
When: August 2022
The stake, comprising 69.89 million shares was sold via direct business transactions on March 30.
Upon approval of the Supply Bill 2023 (Budget 2023) by the Senate, the ministry will look into four key areas in efforts to develop the villages.
... compared with 1.8 million so far, in line with the various development projects that are currently being implemented.
The strategic development programme at the regional and state levels will be implemented through initiatives driven by state governments and projects led by the private sector.
However, this withdrawal is conditional where the withdrawal payment will only be made to the banking institution when the member reaches the age of 50 to 55, as stipulated in the EPF Act 1951.
“In addition, the mud flow incidents, which have occurred several times, also need to be given attention.”
SIAB Holdings Bhd and Yong Tai Bhd have mutually agreed in principle to terminate two condominium projects belonging to Yong Tai on Jalan U-Thant here, and in Melaka, with a combined outstanding contract value of RM190.48 million.
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