The research house noted that Inta Bina has bagged a contract to build two blocks of serviced apartments from Southville City Sdn Bhd for RM178.2mil.
Amcorp Properties is acquiring an effective 20% stake in two premium Grade A office towers in Tampines Grande, Singapore.
This would involve a funding commitment of S$24mil (RM73.2mil).
Gadang has proposed a private placement to raise up to RM62.12mil via the issue of up to 82.825 million new ordinary shares, representing not more than 10% of the enlarged issue of shares of 828.257 million.
Meanwhile, US markets ended mixed overnight due to uncertainties on the US-China trade deal.
Earlier, European stocks climbed on news that Chinese officials would visit the US to make a trade deal.
“Following the mixed performance in the US and Europe, the FBM KLCI could remain sideways below the resistance of 1,655 points,” JF Apex said.
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