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WITH the final reporting season for 2019 just concluded, most developers were able to provide guidance to investors on the outlook for the local property sector in 2020.
KUALA LUMPUR: CGS-CIMB Equities Research is retaining its Add recommendation for Sime Darby Property due to its solid balance sheet and stronger sales momentum but lowered the target price.
KUALA LUMPUR: Sime Darby Property Bhd achieved total sales of RM3.1bil in the financial year ended Dec 31, 2019 boosted by contributions from City of Elmina, Bandar Bukit Raja, Serenia City, Putra Heights, KL East and Cantara Residences.
FOR years, the Malaysian government has been trying to dispose of the Malaysian consulate office in Hong Kong, which it had bought 40 years ago in 1980 for HK$212mil.
MUMBAI: Prime Minister Narendra Modi’s government surprised investors by saying it will sell part of its stake in the state-run behemoth Life Insurance Corp (LIC) of India to meet its record asset-sale target.
BENGALURU (Reuters) - Unilever will conduct a review of its global tea business, including the PG Tips and Lipton brands, in an apparent strategy rethink by Chief Executive Alan Jope in the face of slowing group sales growth.
MUMBAI: It’s been a good year for Asia’s richest man, Mukesh Ambani.
The Indian tycoon added almost US$17bil to his wealth as of Dec 24, the most in Asia, taking his net worth to about US$61bil, according to the Bloomberg Billionaires Index. In comparison, Alibaba Group founder Jack Ma’s net worth grew $11.3 billion, while Jeff Bezos lost $13.2 billion.
MUMBAI (Bloomberg): It's been a good year for Asia's richest man, Mukesh Ambani.