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Diary Malaysia Friday May 4
KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS
Car distributor signs on new dealer to extend reach
NAZA Kia Malaysia held a signing ceremony at the MAI Autoshow 2018 to mark a new dealership appointment with MBf Automobile Sdn Bhd.
GDB: Our current tender book exceeds RM1bil
PETALING JAYA: Construction services firm GDB Holdings Bhd opened trading at 36 sen on its debut on the Ace Market yesterday, up one sen over its issue price of 35 sen with 5.4 million shares at first trade.
GDB eyes construction sector after record earnings
KUALA LUMPUR: GDB Holdings Bhd, with the current order book of RM850 million, will continue to eye more opportunities in the construction industry, said Managing Director, Cheah Ham Cheia.
Analyst Reports
Post-meeting with the management of YTL Hospitality REIT, AmInvestment Bank Research is sanguine on the REIT’s earnings outlook of up to the financial year 2020 (FY20).
GDB offers efficiency and quality, says PublicInvest
KUALA LUMPUR: PublicInvest Research's fair value on GDB Holdings Bhd, which has an indicative listing date of March 27, is 41 sen based on about 9x price-earnings multiple to its FY2018E earnings per share of 4.6 sen.
CIMB Research positive on SP Setia purchase of remaining stake in Setia Federal Hill
KUALA LUMPUR: CIMB Equities Research is positive on SP Setia’s plan to purchase the remaining 50% stake in Setia Federal Hill which it does not own, for RM431.9mil.
GDB Holdings to raise RM43.75mil from IPO
KUALA LUMPUR: Construction services firm, GDB Holdings Bhd, aims to raise RM43.75mil from its initial public offering (IPO) to fund future expansion.
SP Setia plans RM7b of projects for FY18
KUALA LUMPUR: SP Setia Bhd said it plans to launch RM7.07bil in projects for FY18, and set a sales target of RM5bil, of which 80% is expected to come from local projects
