Moving on: AmBank Research says IOI Properties’ management has stressed that work shifts of construction jobs would need to increase to clear backlogged work post-movement control order.
KUALA LUMPUR: Given that China’s situation has improved with economic activities resumed, IOI Properties Group Bhd
confirms that it intends to launch its Xiamen 2 project worth RMB800mil (about RM489mil) next month, which comprises of high-rise residential and landed units, according to AmBank Research.
As of mid-March, the research house said economic activities have resumed with capacity picking up.
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