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Maybank Investment Bank Research is maintaining its buy call on SP Setia and target price of RM1.39 after the property company decided to monetise non-core landbank to fund future/existing developments or pare down its debt.
Amcorp Properties, SP Setia, Pharmaniaga, WCT, Genting, Malaysia Smelting Corp, Careplus and Pentamaster are among the stocks which could see trading interest on Monday after their corporate news, JF Apex Research said.
KUALA LUMPUR: Property developer S P Setia Bhd has sold eight parcels of freehold land worth RM518.1mil in Johor Baru to Scientex Quatari Sdn Bhd, the wholly-owned subsidiary of Scientex Bhd, in line with the group’s strategy to monetise its landbanks.
SHAH ALAM: The Selangor government, through local councils, will continue monitoring all Ramadan bazaars under the state to ensure compliance with standard operating procedures (SOP).
GEORGE TOWN: The Ramadan bazaars in Penang ordered to close to break the chain of Covid-19 transmission will do so on Sunday (May 2) as instructed by the Housing and Local Government Ministry.
PETALING JAYA: At least 22 Ramadan bazaars nationwide have been ordered to close by the Housing and Local Government Ministry to contain the rise in Covid-19 cases.
GEORGE TOWN: A total of 22 Ramadan bazaars have been ordered to close by the Housing and Local Government Ministry following the rise in Covid-19 cases.
ISSUES like pollution only gain attention once something occurs.
MORE than 100 Ramadan bazaars have been set up in Johor Baru, Pasir Gudang, Kulai and Iskandar Puteri for the fasting month.