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Maybank IB Research upgrades Eco World to Buy, TP 80c

KUALA LUMPUR: Maybank Investment Bank Research has upgraded Eco World to a Buy with a new target price of 80 sen, which is 26% above its last traded price of 64 sen.

Knight Frank Malaysia says property market improving in H2

KUALA LUMPUR: Malaysia’s property market is poised to gather further momentum moving into the second half of 2019 with residential housing outpacing the cautious commercial market, Knight Frank Malaysia said.

CIMB Research expects stronger second half for Eco World Devt

KUALA LUMPUR: CIMB Equities Research says Eco World Development Group's (EWDG) 1HFY10/19 core net profit came in line at 36% of its and Bloomberg consensus full-year estimates as it expects a stronger 2H19.

EcoWorld Malaysia first half net profit up 35% to RM71.5m

KUALA LUMPUR: EcoWorld Malaysia Bhd's net profit rose by 35% to RM71.49mil in the first half ended April 30, 2019 compared with RM52.89mil a year ago, boosted by higher revenues from its projects.

Strong demand for Sime Property's Elmina Valley Five properties

KUALA LUMPUR: Sime Darby Property's Elmina Valley Five (EV5) has attracted strong demand as buyers snapped up 90% of 373 units on offer during the weekend launches.