IOI Properties' earnings prospects on a rise

KUALA LUMPUR: IOI Properties Bhd's earning prospects continue to grow upon the expected completion of Central Boulevard in Singapore next year and the normalisation of its business segments to pre-pandemic levels, said RHB Research.

According to the broker, the Central Boulevard office towers is expected to be well-received when its construction is completed in 2023, with management indicating that the initial response for leasing looks promising.