Tambun Indah Land sales pick up post-lockdown


A visitor looking at a model of a Tambun Indiah Land house.

PETALING JAYA: Tambun Indah Land Bhd experienced growing sales momentum and a pick-up in sales in July and August due to the pent-up demand from the pandemic lockdown, said Maybank Investment Bank Research.

Post-meeting, the research house has kept its “buy” call on the stock with an unchanged earnings forecast and target price of 62 sen.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

IT buoys GDEX’s confidence
Are there too many GPs and is the healthcare system overwhelmed?
Powering on data centres
CMM seeks feedback on Sector Guides for ESG disclosures
Gadang gets RM280mil data centre job
MAA to sell entire stake in Turiya for RM53mil
Worldwide, Masdar ink MoU
Microlink wins contract worth RM56mil
Light at the end of the tunnel for Capital A
Majuperak forms renewable energy partnership with Shizen Group

Others Also Read