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Affin Hwang maintains 'buy' on KLCCPSG, TP at RM8.90
KUALA LUMPUR: Affin Hwang Capital research maintained its buy call on KLCC Property Stapled Group following a solid result for its 2019 financial year.
Trading ideas: Anzo, Kerjaya Prospek, KLCCP Stapled, Pavilion REIT and Alam Maritim
KUALA LUMPUR: Stocks to watch for on Friday include Anzo, Kerjaya Prospek, KLCCP Stapled, Pavilion REIT and Alam Maritim, says JF Apex research.
KLCC REIT net profit up 33.1% in fourth quarter
KUALA LUMPUR: KLCC Real Estate Investment Trust’s (KLCC REIT) net profit for the fourth quarter ended Dec 31,2019 rose 33.1% to RM244.41mil from RM183.66mil a year ago, mainly due to property investment in the retail sector and hotel operations segment.
CMMT posts lower income on weak contributions from The Mines and Sungei Wang malls
KUALA LUMPUR: Capitaland Malaysia Mall Trust (CMMT) reported lower income in the last quarter ended Dec 31, 2019 amid lower occupancies at its properties in the Klang Valley.
Axis REIT acquiring seven properties worth RM288mil
PETALING JAYA: Axis Real Estate Investment Trust’s (Axis REIT) is in the midst of acquiring seven new properties worth RM288mil, with RM140mil worth of properties in the pipeline so far this year.
Philippines’ REIT lure
SINGAPORE: Singapore’s dominant position as a real estate investment trust (REIT) listing hub in Asia is being eyed by a new contender: the Philippines.
Axis REIT aims to purchase RM140m in properties
KUALA LUMPUR: Axis Real Estate Investment Trust (Axis-REIT) aims to acquire RM140 million worth of properties this year.
Affin Hwang maintains 'buy' on Axis REIT, pares TP to RM1.97
KUALA LUMPUR: Affin Hwang Capital research has kept its buy recommendation on Axis REIT on the back of moderate results in its most recent quarter.
Trading ideas: MMC, Gamuda, FGV, MRCB-Quill Reit, Atta Global, Heng Huat
KUALA LUMPUR: Stocks to watch on Monday include MMC Corp Bhd, Gamuda Bhd, FGV Holdings MRCB-Quill REIT (MQREIT), Atta Global Group Bhd and Heng Huat Resources Group Bhd, according to JF Apex Research.
Flowers and festive ambience beckon visitors to bask in their charm in several Klang Valley malls
As THE Lunar New Year springs forth, malls around the Klang Valley seem to be blossoming with the joy of the season with spectrums of red welcoming the auspicious celebration’s arrival.