Daily Industry News Update (2 December 2020)

INDUSTRY NEWS (2 DECEMBER 2020)

UK:Covid-19 lockdown tempers interest in UK property from Hongkongers in lull before January visa floodgate

A resurgence in Covid-19 cases in the UK in recent months has stemmed the flow of Hongkongers looking to buy property and relocate there. This may just be a lull before a special visa process kicks off in January for British National (Overseas) passport holders…

 

Exploring Recovery Stocks – Bursa Malaysia

There were a lot of talks recently that Major funds are moving their money from Technology, Rubber Gloves sectors and Cash into Recovery stocks. We know that a lot of Technology stocks have enjoyed high valuation and I suppose this rotation play is inevitable looking at…

 

Sime Darby to divest Jining ports for RM182m

Sime Darby Bhd’s indirect wholly-owned subsidiary of the Group, Sime Darby Overseas (HK) Limited (SDOHK), has entered into a series of agreements with Jining Port and Shipping Development Group Co., Ltd (JPSDG), for a net amount of RMB293.9 million (RM181.6 mi…

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