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PETALING JAYA: Even though Cahya Mata Sarawak Bhd’s (CMS) core net profit for the first quarter (Q1) fell by more than half, analysts believe the company should be a key catalyst for the state’s infrastructure spending.
PETALING JAYA: The acquisition of The Sunway Pinnacle is expected to lift Sunway Real Estate Investment Trust’s (Sunway REIT) earnings from as early as next year.
PETALING JAYA: The gradual decline in glove prices and oversupply is already impacting the near-term average selling price (ASP) for the sector and the prospects of new entrants into the sector.
PETALING JAYA: Maybank Investment Bank Research (Maybank IB) expects the fourth quarter ending July 31,2020 for infrastructure-property based Gamuda Bhd to be better, as the work pace at its projects has picked up after the government allowed construction activities to resume from May 4 onwards.
KUALA LUMPUR: Maybank Investment Bank Research expects the fourth quarter ending July 31,2020 for infrastructure-property company Gamuda Bhd to be better as work pace at its projects has picked up after the government allowed construction activities to resume from May 4.
PETALING JAYA: The ramp-up in nitrile glove production from China over the next three years is not an immediate threat to Malaysia’s rubber glove industry.
KUALA LUMPUR: Malaysia’s fiscal deficit is expected to increase to between 5.8% and 6% of GDP this year following the implementation of the government’s stimulus programmes to offset the severe fallout from the Covid-19 pandemic.
KUALA LUMPUR: Maybank Investment Bank research maintained its "hold" recommendation on Pavilion Real Estate Investment Trust (REIT) amid disappointing 1Q20 earnings coupled with a lack of major growth catalysts.