Mah Sing Group (TA Securities) buy; target price RM3.27
Mah Sing Group Berhad
Sales target of RM2bn for 2011
Latest
Stinger office to tap region's economic growth
KUALA LUMPUR: Stinger Electrical Fences Sdn Bhd (SEF) hopes to ride on the rising economic growth in the region with the opening of its Asia-Pacific office in Malaysia on Thursday, Feb 10.
In a statement, SEF said the timing was right because when the economy grew, there would be an increase in prosperity and with it would come a corresponding rise in crime.
OSK: MRCB stands a good chance to secure some ETP projects
KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) stands a good chance in securing some government projects under the Economic Transformation Programme (ETP), OSK Research says.
The projects mentioned by the research house were the River of Life project, the development of RRIM land in Sungai Buloh and Phase 2 of LRT extension project which are expected to begin this year.
Ho Hup expects restructuring exercise to be completed by 3Q 2011
KUALA LUMPUR: Ho Hup Construction Company Bhd, expects to complete its restructuring exercise by the third quarter of this year, executive director Derek Wong said.
Financial firms to fund large overseas building projects
SEOUL: South Korean and foreign financial institutions agreed Thursday, Feb 10 to provide US$4.35 billion (RM13.22 billion) to South Korean companies to help fund their large overseas building projects, Yonhap news agency quoted the government as saying.
Party in property sector only just begun
Property sector
Malaysian construction firms get Pakistan invite
KUALA LUMPUR: The Pakistani government has invited Malaysian construction companies to join in its re-construction efforts.
In a statement here on Wednesday, Feb 9, High Commissioner to Malaysia Masood Khalid said Pakistan faced devastating floods last year, which had damaged infrastructure like roads, bridges, communication network, schools and hospitals.
US to raise cost of govt backed mortgages: sources
WASHINGTON: The Obama administration will propose raising the cost of loans backed by the Federal Housing Administration as part of a plan to reduce government support of the mortgage market to below 50%, said sources familiar with the plan.
Bangkok office occupancy level to increase
BANGKOK: The office market in Bangkok will see occupancy levels going up as there was limited new supply in the market segment due to it being least active in 2010 as the country was preoccupied with political disturbances and a possible double dip recession for many of its export destinations.
MRCB 4Q net profit increase 234%
KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) reported a 4Q net profit of RM41.5 million for the financial year ended Dec 31, 2010 an increase of 234% from RM12.4 million reported in the preceding year corresponding quarter due to improved profit margin.
