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PETALING JAYA: Investor interest in the mega-listing of IOI Properties Bhd, which has total assets worth RM15bil, could spark a re-rating of the local property sector.
National power utility Tenaga Nasional Bhd (TNB) added 4.8%, or 39 sen, to RM8.17 on a hefty volume of 31.6 million shares, reaching its highest price since 2007. With the incumbent Barisan Nasional (BN) coalition retaining government, reforms in the power sector, ongoing since 2011, are set to continue.
PETALING JAYA: Felda Global Ventures Holdings Bhd’s (FGVH’s) potential foray into Papua New Guinea (PNG) is positive news because investors have been waiting for the company to put its money to use, analysts said.
PETALING JAYA: Oil and gas services provider Uzma Bhd’s share price has been on an uptrend, while the company’s orderbook has been steadily beefed up.
PETALING JAYA: Analysts are generally positive on KPJ Healthcare Bhd’s plan to acquire the entire equity interest in Rawang Specialist Hospital Sdn Bhd (RSHSB) for RM50.6mil cash as the hospital will be the only multi-discipline private specialist hospital in Rawang.