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Bintai Kinden to re-enter property development
PETALING JAYA: Mechanical and electrical engineering services company Bintai Kinden Corp Bhd plans to make a comeback to the property development business.
Genting’s resorts temporarily closed
KUALA LUMPUR: Genting Malaysia Bhd has announced a temporary closure of Resorts World Genting, Resorts World Awana, Resorts World Kijal, and Resorts World Langkawi from Jan 22 to Feb 4,2021 due to the movement control order.
Widad to develop RM40bil project in Langkawi
ALOR STAR: Widad Business Group will be developing a high-impact project in Langkawi with an estimated gross development value (GDV) of about RM40bil over the next 15 to 20 years.
TSH Resources expected to fare better this year
PETALING JAYA: Despite 90% of TSH Resources Bhd’s exposure being in Indonesia, this year it is anticipated to fare better with stronger earnings for the group on the back of improved output and higher crude palm oil (CPO) prices, says RHB Research.
S P Setia set to reach 2020 sales target
RM3.8bil figure in sight as buyers leverage on incentives
Felda buys 10 million more FGV shares
KUALA LUMPUR: The Federal Land Development Authority (Felda) has bought 10 million more shares in FGV Holdings Bhd from the open market for RM13mil.
Widad Business Group plans RM40b Langkawi project
ALOR SETAR: Widad Business Group will be developing a high-impact project in Langkawi with an estimated gross development value (GDV) of about RM40 billion over the next 15 to 20 years.
RHB Research keeps Buy for TSH Resources at RM1.25
KUALA LUMPUR: RHB Research has a Buy call on plantation company TSH Resources Bhd with RM1.25, which is a 16% upside, while it increased the FY20-21F earnings by 1%-2%, after imputing new fresh fruit bunches (FFB) revisions, capex and in-house forex assumptions.
