PETALING JAYA: RHB Research remains upbeat on ML Global Bhd, largely underpinned by its strong order book replenishment potential and exposure to the industrialised building system (IBS) manufacturing techniques.The research house has also raised its earnings forecasts on the construction firm...

KUALA LUMPUR: JF Apex Research has maintained its Buy call on LBS Bina Group Bhd with an unchanged target price of RM2.27.On a recent visit to LBS Bina's 60%-owned Zhuhai Internatonal Circuit (ZIC), Lakewood Hills property project and HK-Zhuhai-Macau Bridge (HKZMZB), the research firm had a...

Up-stake: The PR1MA step-up financial scheme allows buyers eligible for a conventional loan to get access to a higher loan amount.IN last week’s Budget 2018, the Government extended PR1MA’s step-up financing scheme (SPEF) to private developers, subject to certain conditions, as part of its...

By Thean Lee Chengleecheng@thestar.com.myA COUPLE of years ago, a 20-something from Kuching working in Petaling Jaya wanted to buy a property under one of the many affordable housing schemes promoted by the government.At that time, housing was already beyond the reach of many.She registered with an...

KUALA LUMPUR: Kenanga Research has maintained its Market Perform rating on IJM Corp Bhd with a target price of RM3.48 following news that the latter has secured a RM392mil construction job from HSBC. The construction of an office building for HSCBC in Jalan Tun Razak spans over 37.5 months with...

By VIKNESH ASHLEY vikneshashley@thestar.com.mySime Darby Property’s thriving Shah Alam offering creates the setting for living large.UNFOLDING inside mature Shah Alam is the City of Elmina (CoE), one of the first wellness-themed developments in Malaysia that embrace the concept of a holistic...

KUALA LUMPUR: Naim Indah Corporation Bhd and Lagenda Erajuta Sdn Bhd have mutually ended the proposed RM450mil Gateway Klang mixed development project.Naim Indah said on Tuesday both parties had mutually agreed to terminate the letter of award for the project management consultancy in February...

KUALA LUMPUR: In a circular to shareholders dated Nov 4, the conglomerate said its board had taken into consideration several factors in deciding the percentage allocation range.These include the soon-to-be-listed entities’ trading multiples (price-to-earnings ratio for SD Plantation and...

KUALA LUMPUR: CIMB Equities Research believes the floods in Penang state on Sunday, one of the worst in recent history, would have minimal or no operational disruption to the companies.The research house said on Tuesday based on its channel checks, this event would have a minimal impact on the...

KUALA LUMPUR: Naim Indah Corp Bhd posted a net loss of RM1.96mil for the third quarter ended Sept 30, 2017, compared to a net profit of RM30.53mil in the year-ago quarter.According to the group, revenue shrank significantly in the quarter under review to RM429,000 versus RM2.83mil in the previous...