1961 IOICORP
- 3.790
- -0.060-1.56%
IOICORP News
Bursa Malaysia Edges Higher In Cautious Mode Ahead Of US Inflation Print
Local Palm Oil Stock Pile Tightens, CPO Price Could Edge Up
Blue-Chips Propel FBM KLCI Above 1,600 Points, Marking A Strong Start
Malaysia Shares Extend Gains to End Above 1600 -- Market Talk
Foreign Investors Offloaded Nearly RM770m in Net Equities Last Week — MIDF
Economic Impact of a Strengthening Ringgit on MY Stocks #Weekly Market Pulse
M&A And Solar As New Revenue Growth For IOI
Malaysia Shares Edge Higher; Tech Stocks May See Profit Taking -- Market Talk
Malaysia Closing Bell on 30 July | SIME Was the Top Gainer of FBM KLCI
Malaysia Shares Edge Higher Supported by U.S. Better Sentiment -- Market Talk
Zhang Nianqun: Another specialized hospital in history will be established in Taizicheng
(Klang, 27th) Following the news of Melbourne Women and Children's Hospital building in Klang, local residents may welcome the second private hospital, Bautra specialist hospital. Democratic Action Party Klang MP Ngiam Lian Song revealed that Bautra Specialist Hospital has signed a partnership agreement with IOI Properties to build a private hospital in Taipan, Klang. She further revealed that Bautra Specialist Hospital has submitted an application to the Ministry of Health and is now waiting for approval. Ngiam Lian Song, who is also the Deputy Minister of Communications, responded to media enquiries when she attended the launch of the service counter at Saling New Village and the inspection of leisure park facilities this morning.
Malaysia Closing Bell on 26 July | MRDIY Was the Top Gainer of FBM KLCI
IOI Properties Berpeluang Pulihkan Kerugian Tropicana Gardens Mall
IOI's Strategic Acquisitions Total RM1.21bil
Malaysia Closing Bell on 24 Jul | MRDIY Was the Top Gainer of FBM KLCI
Analysts Mixed on IOI Properties' Gearing Impact
IOI Properties' Acquisition Spree Leading To Higher Net Gearing
Expert Opinion: IOI Properties is committed to expanding its industrial portfolio.
Analysis: MIDF Investment Research target price: MYR 2.25. Latest developments: IOI Properties Group (IOIPG, 5249, main board industrial stock) spent MYR 680 million to acquire Tropicana Gardens Mall located in Bandar Utama from LYL Institutions (TROP, 5401, main board industrial stock). LYL Tropicana Gardens is a 7-story retail mall with a net rentable area of 1 million square feet and a rental rate of about 77%. The acquisition is expected to be completed in the first quarter of next year. Expert advice: The price of this acquisition is lower than the net value of Tropicana Gardens Mall.
IOI Properties aims to acquire the Liyang Mingjie Shopping Plaza to achieve its ultimate goal.
(Kuala Lumpur, 24th News) With IOI Properties Group's (IOIPG, 5249, main board industry stock) acquisition of Tropicana Gardens Mall, analysts are not only bullish on this trade, but also believe that the company is prepared to arrange for a property Real Estate Investment Trust (REIT) listing. IOI Properties Group announced yesterday (23rd) that it has signed a purchase agreement with Tropicana Indah Company, through its wholly-owned subsidiary--IOI Mall Damansara, to acquire Tropicana Gardens Mall located in Bandar Utama, Selangor.
IOI Property makes another acquisition, and brokerage opinions on the impact on debt are mixed.
(KUALA LUMPUR, 24th) Analysts have different views on IOI Properties Group Bhd (KL: IOIPG)'s acquisition of Liyang Tropicana Gardens Mall (Tropicana Gardens Mall) and its impact on the group's debt level. MIDF Research and Hong Leong Investment Bank both maintained profit forecasts for the group. MIDF maintained IOI Real Estate's “neutral” rating in today's report, and the target price was lowered from RM2.40 to RM2.25. “Before the investment industry is likely to go public, a series of
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