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PETALING JAYA: Stronger earnings led by more property launches and a ready construction order book is likely for MGB Bhd going forward.
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.
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.
AFTER a tumultuous 2020, a better outlook awaits Asian companies, on expectation of a recovery in the macro economy and corporate earnings.
JOHOR BARU: Scientex Bhd is committed to continue building and delivering 50,000 units of affordable houses in Malaysia within the next eight years.
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.
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.
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.