Bandar Malaysia has neutral effect on market


Clarity needed: People viewing a model of Bandar Malaysia project. Once the market has more clarity on the different phases and timelines of the development, then perhaps it will be easier to identify the beneficiaries.

IT was one of the largest property development projects to be launched, and yet what a downer it was. This was especially evident in Bursa Malaysia’s reception of the RM140bil Bandar Malaysia deal.

Construction stocks and stocks linked both to the Bandar Malaysia and the Kuala Lumpur High-Speed Rail (HSR) barely budged on the day the much anticipated Bandar Malaysia project was revived.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 31
Cxense type: NA
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

CPO futures likely to see technical correction next week
Evergrande says six execs redeemed investment products in advance
Infineon opens Austria plant early in chip capacity boost
Indonesia may reopen to tourists from some countries in October
Airbus reaches deal to restructure AirAsia jet order
Oil price falls as storm-hit US supply trickles back into market
World shares fall as markets await Fed meeting, taper timeline
Gadang’s subsidiary bags RM100mil deal
Big sales jump for EcoWorld Malaysia in Q3
The 18th entry

Stories You'll Enjoy


Vouchers