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Loan applications for property took a breather in February, but they were higher in the first two months of 2024 at RM91bil, indicating stronger demand for property, according to MIDF Research.
Apex Securities Bhd has initiated coverage on Matrix Concepts Holdings Bhd with a “buy” rating at RM1.82 and target price of RM2.14, based on a discount rate of 20% to the research house's revalued net asset value (RNAV).
KUALA LUMPUR: Matrix Concepts Holdings Bhd's founder and group executive deputy chairman Datuk Seri Lee Tian Hock has been awarded the Sin Chew Business Excellence Award 2023. The award ceremony, held recently, recognised Lee's outstanding contributions to the business ...
Notable filings
During the week of March 4 to 8, notable changes in the shareholding of companies publicly traded on Bursa Malaysia included those at Pan Malaysia Holdings Bhd.
Exsim Hospitality Holdings Sdn Bhd triggered a mandatory general offer (MGO) afte...
MANY Bursa Malaysia-listed companies are projected to pay better dividends in FY2024 but government-linked investment companies (GLICs) may collect less from their top contributors this year, with analysts projecting lower dividends compared with FY2023.
Of the top 10 dividend contribut...
KUALA LUMPUR: Selangor's real estate industry is benefiting from the ongoing decline in residential overhang since it allays worries about an excess of residential real estate, says MIDF Research.Citing data from the National Property Information Centre (NAPIC), the ...
KUALA LUMPUR: Selangor's real estate industry is benefiting from the ongoing decline in residential overhang since it allays worries about an excess of residential real estate, says MIDF Research.Citing data from the National Property Information Centre (NAPIC), the ...
IN the absence of the low base effect that accentuated year-on-year earnings growth in 2023, property developers — the best performing sector of Bursa Malaysia last year — are still expected to see growth in 2024 on the back of a stable interest rate regime and positive macroeconomic environment....
Analysts are optimistic about the outlook of the property market this year, on the back of stronger anticipated demand for properties and higher loan approvals.
PETALING JAYA: Analysts expect Matrix Concepts Holdings Bhd’s sales momentum to be sustained by its Bandar Sri Sendayan development in Negri Sembilan, continuing to be the main contributor to sales.