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Quick take: Berjaya Land's RM1.64b Okinawa resort

17 Jan 2019 - The Star Online
KUALA LUMPUR: In November 2016, tycoon Tan Sri Vincent Tan announced Berjaya Land Bhd 's plan to build a Four Seasons resort on the 100-acre site in Okinawa. He made the announcement soon ahead of the opening of the Four Seasons Hotel and Hotel Residences in Kyoto which was built for US$380mil, which ...
klse:4219 usx:fedu

Kerjaya Prospek secures RM155m Cyberjaya construction job

17 Jan 2019 - The Star Online
KUALA LUMPUR: Kerjaya Prospek Group Bhd 's construction unit has received a RM155mil contract from Aspen Entity Sdn Bhd, a wholly owned subsidiary of HCK Capital Group Bhd , to undertake building works for a proposed development in Cyberjaya, Selangor. In a filing to the stock exchange, the group said ...
klse:7161 klse:7105

Berjaya Land plans Four Seasons Resort in Okinawa costing RM1.64b

17 Jan 2019 - The Star Online
KUALA LUMPUR: Berjaya Land Bhd is developing its Four Seasons Resort and Private Residences Okinawa in Japan with a a projected total development cost of US$400mil (RM1.64bil) and the gross development value estimated to be about US$1bil (RM4.10bil). It said on Thursday, the project comprising about ...

Blue chips stage rebound on PetDag, KLK gains

17 Jan 2019 - The Star Online
KUALA LUMPUR: Blue chips started Thursday on a firmer footing with the FBM KLCI staging a rebound, underpinned by plantations and Petronas Dagangan, in line with the positive key Asian markets. At 9.10am, the KLCI was up 8.14 points or 0.49% to 1,681.22. Turnover was 158.57 million shares valued at RM76.35mil. ...

Affin Hwang initiates coverage on Scientex, Buy with TP of RM10.10

17 Jan 2019 - The Star Online
KUALA LUMPUR: Affin Hwang Capital research is initiating coverage on Sceintex Bhd with a buy rating and a target price of RM10.10. In a research note today, Affin Hwang said Scientex has an impeccable earnings track record and execution, largely attributable to a solid management team.

Maybank Research retains Buy for IHH, TP RM6.45

17 Jan 2019 - The Star Online
KUALA LUMPUR: Maybank Investment Bank Research retained its Buy call for IHH Healthcare and sum-of-parts based target price of RM6.45. It said on Thursday IHH’s 31%-owned Fortis had completed the acquisition of RHT’s hospital assets in India which Fortis operates at.
sgx:q0f klse:5225

KLCI closes lower on selling of Tenaga, Public Bank

16 Jan 2019 - The Star Online
KUALA LUMPUR: Bursa Malaysia stayed in the red throughout Wednesday on lacking of strong rerating catalysts while selling of Tenaga Nasional and Public Bank sent the FBM KLCI into the red. At 5pm, the KLCI was down 6.34 points or 0.38% to 1,673.08. Turnover was 2.33 billion shares valued at RM1.88bil. ...
klse:1295 klse:5347

KLCI slips as regional rally takes a breather

16 Jan 2019 - The Star Online
KUALA LUMPUR: The local stock market erased gains from the previous session with Tenaga Nasional and Public Bank leading the decline. At 12.30pm, the FBM KLCI closed the morning session 7.27 points lower at 1,672.15.

Cautious start for KLCI as Public Bank, PChem and Tenaga weigh

16 Jan 2019 - The Star Online
KUALA LUMPUR: Blue chips started Wednesday on a cautious footing on Wednesday as the FBM KLCI gave up most of its previous day’s gains, weighed by losses in Public Bank, Petronas Chemical and Tenaga Nasional. At 9.32am, the KLCI was down five points or 0.3% to 1,674.42. Turnover was 347.13 million shares ...
klse:5183 klse:1295 klse:5347

CIMB Research raises Wellcall target price to RM1.56

16 Jan 2019 - The Star Online
KUALA LUMPUR: CIMB Equities Research is positive on Wellcall Holdings’ joint venture with Sweden’s Trelleborg AB’s subsidiary to manufacture composite hoses for the Asean market. It had on Wednesday raised its target price from RM1.28 to RM1.56 as it narrowed the discount to its target P/E of 22 times ...