RHB Investment Bank says on a full-year basis, aggregate property sales rose 19% y-o-y to RM19 billion versus RM16 billion in 2022. – BernamapicRHB Investment Bank has maintained an “overweight” call on the property sector with top picks UEM Sunrise, IOI Properties Group Bhd and Eastern & Oriental .
RHB Investment Bank said developers with sizeable landbank and industrial segment exposure should see greater benefits from infrastructure developments and rising investment flows. “Although UEM Sunrise has set a lower sales target of only RM1 billion versus the RM2.1 billion achieved in FY2023, we think the company may have something more exciting ahead, as management has just revealed its revised masterplan for Gerbang Nusajaya, which saw a significantly higher proportion of industrial development,“ it said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Foreign investment contributes RM188.4 bln, domestic investment RM141.1 bln in 2023KUALA LUMPUR: The country recorded foreign investment amounting to RM188.4 billion last year, marking a 15.3 per cent increase compared to 2022, said ...
Source: theSundaily - 🏆 25. / 51 Read more »
Chin Tong: Foreign investment contributes RM188.4b, domestic investment RM141.1b in 2023KUALA LUMPUR, April 1 — The country recorded foreign investment amounting to RM188.4 billion last year, marking a 15.3 per cent increase compared to 2022, said Deputy Investment,...
Source: malaymail - 🏆 1. / 86 Read more »
AmBank’s earnings forecast looks promising, says Hong Leong Investment BankPETALING JAYA: AMMB Holdings Bhd (AmBank) is likely to post notable quarter-on-quarter earnings growth next quarter, backed mainly by lower net credit costs, said Hong Leong Investment Bank (HLIB).
Source: DailyExpress_MY - 🏆 3. / 83 Read more »
Hong Leong Investment Bank bullish on construction sector amid infrastructure boomKuala Lumpur: Hong Leong Investment Bank (HLIB) is optimistic about the construction sector driven by the rollout of various infrastructure projects nationwide.
Source: DailyExpress_MY - 🏆 3. / 83 Read more »
Proposed sale of LTAT stake in Affin Bank to rebalance investment portfolio, says Defence MinistryLONDON (Reuters) -Arsenal returned to the top of the Premier League with a comfortable 2-0 victory over relegation-threatened Luton Town on Wednesday despite fielding a much-changed side.
Source: staronline - 🏆 4. / 75 Read more »