Sabah state election may boost construction and property stocks—MBSB Research
With 73 seats at stake, the outcome will test the unity government's popularity amid Sabah's fluid political landscape.
With 73 seats at stake, the outcome will test the unity government's popularity amid Sabah's fluid political landscape.
Construction firms are expected to gain from increased demand for quake-resistant buildings and repair work.
The investment bank noted that retail and industrial-focused REITs with strategic Johor assets are poised to benefit from sustained tenant demand, positive rental trends, and potential valuation uplift.
“The first provision of financial assistance under the loan agreement is £6 million.”
The group is also in talks with potential strategic partners to provide new technologies.
Proceeds to be raised would depend on the actual number of warrants exercised during the exercise period.
Projects listed as priority include the Pan Island Link Highway, the development of the Penang Tuna Port, the Federal Road from Bayan Lepas to Teluk Kumbar, and the health complex in Seberang Perai.
Studies conducted through active fault mapping and the Malaysian Seismotectonic Map found fault zones in these states that are vulnerable to seismic activity.
A special ministerial briefing on the redevelopment of Kampung Sungai Baru will be held in the Dewan Rakyat on Thursday, Oct 9.
Empire Remix 1 was meant to be USJ 1’s signature twin-tower development, a vibrant mix of homes, offices, and retail.