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SUNWAY REIT has proposed to acquire 3.3 acres of commercial land in Seberang Jaya, Penang for RM17.2mil.
LONDON: European equities ended lower after a choppy session on Thursday, dragged down by exporters as the euro strengthened against the dollar after the US Federal Reserve flagged fewer rate rises this year than previously expected.
KUALA LUMPUR: JF Apex Research expects Felda Global Ventures (FGV), Encorp, Guocoland, Berjaya Corp, Berjaya Sports Toto and Instacom are among the companies which could see trading interest on Thursday.
PETALING JAYA: Malaysian gaming stocks are expected to at least partially reverse 2015’s vastly disappointing performance, said UOBKayHian. The research house anticipates a better year for Genting Group, as the VIP segment’s earnings recover. Genting Bhd (Genting), Berjaya Sports and Magnum share prices fell 2% to 17% in 2015 due to weak results.
UOB KayHian Research has initiated its coverage on Westports Holdings Bhd with a “sell” call and target price of RM3.30 a share, which is a 16% downside from the current price.