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PETALING JAYA: S P Setia Bhd’s sale of eight parcels of freehold land measuring 959.7 acres in Johor Baru for RM518.1mil to Scientex Bhd is a positive move, according to research analysts.
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.
THE third batch of new Johor Baru City Council (MBJB) councillors comprising 10 people, including one who arrived in a wheelchair, have been sworn in.
JOHOR BARU: The third batch of 10 new Johor Baru City Council (MBJB) local councillors was sworn in here on Tuesday (May 4), a recovering stroke patient among them.
PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) should immediately act on claims that there is political interference in police matters as not doing so could erode public confidence in the anti-graft body.
JOHOR BARU: Police have arrested a jobless man who is suspected of setting a house on fire on Friday (April 30) at around 12.15am.
ISSUES like pollution only gain attention once something occurs.
IN an article in The Star (Nov 17,2020), electric vehicle owners in Malaysia are limited as compared to Singapore, as pointed out by the Malaysian Electric Vehicle Owners Club (MyEVOC).