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Shares of YNH Property Bhd surged to their highest in three weeks after the real estate developer said it has remedied the technical default of its sukuk programme.
YNH Property Bhd has bucked the trend in the property sector in the last three years. While other developers were reeling from the effects of the lockdown due to the Covid-19 pandemic, YNH’s value kept rising.
From a mere RM2.60 in January 2020, YNH’s...
FOR a mid-size property developer, YNH Property Bhd has invested significantly in property joint ventures (JVs) relative to its total assets and cash holdings.
KUALA LUMPUR (Feb 9): While the Water Rabbit symbolism is associated with Yin Water or Gui element that is similar to mist, rain or snow, and is thought to bring a gloomy year, the FBM KLCI seems to have shrugged off this element towards the end of the Chinese lunar calendar year.
BURSA Malaysia Bhd is likely to chalk up better earnings this year on the back of an expected rebound in stock market trading activity after a relatively lacklustre two years.
Analysts say they expect two developments this year — one, a pivot in the policy stance of the US Federal Reser...
HeiTech Padu Bhd’s share price soared as much as 23% to hit an intraday high of RM1.11 on Monday, paring the bulk of losses the counter experienced in recent weeks due to the margin call-induced heavy selling pressure which affected a handful of counters.
KUALA LUMPUR: Rapid Synergy Bhd's share price hit a high of RM1.46 a share today after the company said it agreed to a RM12.5 million liquidated damages condition in the sale of its Sri Hartamas land in view of ...
The selling wave on Bursa Malaysia-listed counters affected by recent margin calls resumed on Tuesday after pausing over the last two trading days, led by declines in Rapid Synergy Bhd and YNH Property Bhd.
The recent market sell-off among small-cap counters and penny stocks on Bursa Malaysia during the first three weeks of the year should not deter investor confidence in looking for good fundamental stocks, according to RHB Research.
YNH Property Bhd is now planning to sell its Mont Kiara shopping mall, 163 Retail Park, to Sunway Real Estate Investment Trust (Sunway REIT) for RM215 million, cash.
WHEN asked about the financial fiasco of 1720, known as the South Sea Bubble, and the surge in The South Sea Company’s stock price, Sir Isaac Newton famously responded, “I can calculate the motions of the heavenly bodies, but not the madness of the people.”
Perhaps this popular investme...
YNH Property has emerged as the second most active stock on Bursa Malaysia after Monday’s opening bell, with 97.6 million shares changing hands.
It continued to pare losses, with its share price up by 14.5 sen or 20.28% to 86 sen from last week.