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Meanwhile, MIDF Research noted property-loan applications were off to a weaker start this year.

Bank Negara in its latest data said loan applications declined by 12.3% year-on-year (y-o-y) to RM44.8bil in January.
R R
“We tone down our target price to RM3.60 from RM4.24 and maintain a ‘market perform’ call,” the research firm said in a report yesterday." - Kenanga
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