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Adnex is also looking to expand its geographical footprint by strengthening its presence in East Malaysia, particularly Sabah, while exploring opportunities in Penang and Johor
Hartanah Kenyalang Bhd has secured a contract from the Public Works Department Sarawak for the construction of Wisma JKR Sarawak in Kuching, Sarawak, worth RM283.9mil.
OCR really look like bottoming out but you better watch that resistance level carefully before jumping in. Property sector still quite slow so don't anyhow whack your whole portfolio inside.
HMCB's quarterly performance was supported by contributions from multiple business segments. While the Trading Division remained the largest revenue contributor, the Property Investment Division emerged as the main profit driver, benefiting from a significant fair value gain on its property portfolio. The IT & ICT Division delivered stable results, the Moneylending Division maintained steady demand, while the Manufacturing Division recorded a loss due to a one-off impairment. Overall, the Group's profitability was primarily driven by property revaluation gains despite mixed performance across its other businesses.