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RHB Research upgrades Kimlun to Buy, TP RM1.36

KUALA LUMPUR: RHB Research has tactically upgraded construction company Kimlun to Buy from Neutral, at a revised target price of RM1.36 from RM1.52, offering 18% upside plus 5% FY19F yield.

KL Kepong 'market perform', Gas Malaysia 'hold' Matrix 'buy', Mah Sing 'buy'

KUALA Lumpur Kepong Bhd’s (KLK) core net profit (CNP) of RM892mil for the financial year of 2018 (FY18) was broadly within Kenanga Research’s forecast at 95%, although it fell by 17% year-on-year.

Scientex eyes land bank expansion

KUALA LUMPUR: Scientex Bhd, a global packaging manufacturer and property developer, aims to expand its land bank as it aims to deliver 50,000 affordable homes by 2028.

Country Garden’s Forest City project wins award for the third year

PETALING JAYA: Country Garden’s Forest City project, which is located in Johor, has won the Global Model of City-Industry Integration Award at the 2018 Sustainable Cities and Human Settlements Awards (SCAHSA).

Sarawak Consolidated eyes for more govt IBS projects

KUCHING: Sarawak Consolidated Industries Bhd (SCIB) has secured two major contracts worth about RM10mil for the supply of industrialised building system (IBS) products to two government projects.

Govt to push ahead to streamline agencies involved in property sector, says Zuraida

PETALING JAYA; The government will push ahead to streamline the various departments and agencies involved in the property sector to raise their efficiency and also pushed ahead with industrialised building system (IBS).

Johor gets 4 applications to set up IBS plants

JOHOR BARU: Johor has received four applications including from investors in China to set up industrialised building system (IBS) plants in the state.

Social housing should be a national agenda, says Rehda

PETALING JAYA: Rehda Institute is proposing the government to expand its role in resolving the various issues troubling the housing sector and to use some of the land at federal and state level’s disposal to build public and social housing.

Kimlun 'overperform', Glomac 'hold', N2N Connect 'buy"

KENANGA Research is ‘neutral’ on Kimlun’s two new contract wins, given that the company’s contract replenishment year-to-date is still within the research house’s expectation for the financial year of 2018 (FY18).

SCIB aims to boost sales of IBS products

KUCHING: Sarawak Consolidated Industries Bhd (SCIB) is pushing to boost the sales of its industrialised building system (IBS) products for housing projects in the state.