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Rumah Idaman-related projects likely to boost MGB's earnings
PETALING JAYA: Stronger earnings led by more property launches and a ready construction order book is likely for MGB Bhd going forward.
US new-home sales rise in December for the first time since July
NEW YORK: US new-home sales rose in December for the first time in five months, capping the best year since 2006 and signaling that record-low mortgage rates continue to drive demand for a sector that’s been a bright spot in the economy.
Insight - Production bottlenecks can dampen recovery
PRODUCTION bottlenecks as in shortage of containers and labour as well as restriction of movement in the current fight against Covid-19, can affect economic recovery.
Insight - Asian companies hope for better prospects
AFTER a tumultuous 2020, a better outlook awaits Asian companies, on expectation of a recovery in the macro economy and corporate earnings.
Scientex aims to deliver 50,000 affordable homes over eight years
JOHOR BARU: Scientex Bhd is committed to continue building and delivering 50,000 units of affordable houses in Malaysia within the next eight years.
Trading ideas: Plantation counters, MISC, IGB REIT, Lagenda, Bina Darulaman, Tek Seng, FGV
KUALA LUMPUR: Plantation counters, MISC Bhd, IGB Real Estate Investment Trust, Lagenda Properties Bhd, Bina Darulaman Bhd, Tek Seng Holdings Bhd and FGV Holdings Bhd are among the stocks to watch on Monday, according to JF Apex Research.
Lagenda to collaborate with BDB Land on affordable home development
KUALA LUMPUR: Lagenda Properties Bhd has entered a memorandum of understanding with Bina Darulaman Bhd subsidiary BDB Land Sdn Bhd to establish a joint venture for the development of affordable homes.
Naim Holdings to build 500 affordable homes in 2 years
KUCHING: Naim Holdings Bhd is targeting to build up to 500 units of affordable and medium-priced houses in two years using the industrialised building system (IBS) model to speed up construction.