Daily Industry News Update (3 December 2020)

INDUSTRY NEWS (3 DECEMBER 2020)

Property & REIT – 3Q results largely below expectations

3QCY20 results largely below expectations. The results of the companies under our coverage are largely below expectations. Out of the 8 companies, 6 came in below expectations while 2 was in line. For property developers, IOI Properties Group (IOIPG) is…

 

Sunsuria, Yi-Lai, Ranhill, Bioalpha, Chin Hin Group Property, S P Setia, AWC, UEM Sunrise, EcoWorld, QL Resources, Boilermech, Top Glove, AirAsia XExploring Recovery Stocks – Bursa Malaysia

Based on corporate announcements and news flow today, stocks in focus for Thursday (Dec 3) may include Sunsuria Bhd, Yi-Lai Bhd, Ranhill Utilities Bhd, Bioalpha Holdings Bhd, Chin Hin Group Property Bhd, S P Setia Bhd, AWC Bhd, UEM Sunrise Bhd, Eco World Development…

 

Developer awarded for its meaningful CSR initiatives

Mah Sing Group Bhd bagged the “Company of the Year” award under the property development category at the Sustainability and CSR Malaysia Awards 2020. It was selected as one of the recipients of the award by a panel of judges representing corporate and social bod…

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