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HONG KONG: Country Garden Holdings Co Ltd, China’s top property developer by total sales, reported core profit for 2018 rose 38 percent to a record, in line with forecasts of analysts, on robust revenue and higher margins.
HONG KONG: Country Garden Holdings Co, China’s biggest developer by sales, raised HK$7.83bil (US$1bil) in a convertible bond sale as it takes on higher-cost funding to push out repayments.
PETALING JAYA: Country Heights Holdings Bhd has entered into a memorandum of understanding (MoU) to expand into the automotive industry, with plans to develop an automotive lifestyle centre in Malaysia and organise a racing event.
KUALA LUMPUR: Gabungan AQRS Bhd, Country Heights Holdings Bhd, JAKS Resources Bhd, Bioalpha Holdings Bhd and PUC Bhd are among the stocks to watch on Friday, according to JF Apex Research.
PETALING JAYA: Country Garden Pacificview Sdn Bhd (CGPV), the master developer of Forest City in Iskandar Malaysia, has clarified that the development has seen a significant increase in Singaporean and Malaysian buyers due to marketing efforts through the company’s sales galleries across Singapore and Malaysia.
HONG KONG: Share buybacks are doing little to help stem a $24 billion selloff in China’s biggest developer by sales.