Property counters hog the limelight as Forest City carrot excites investors - Printable Version +- Ipoh Community Forums (https://forums.ipoh.com.my) +-- Forum: News and Current Affairs (https://forums.ipoh.com.my/forum-11.html) +--- Forum: Local News (https://forums.ipoh.com.my/forum-12.html) +---- Forum: Business. Economy and Investment (https://forums.ipoh.com.my/forum-60.html) +---- Thread: Property counters hog the limelight as Forest City carrot excites investors (/thread-8409.html)

Property counters hog the limelight as Forest City carrot excites investors - superadmin - 08-29-2023 PETALING JAYA: The stocks of listed property developers with exposure to Johor surged today following the government’s announcement of a plan to make Forest City, developed by China’s Country Garden, into a special financial zone. UEM Sunrise Bhd, developer of Iskandar Puteri in Johor, hit an intraday high of 73.5 sen, up 9.7% or 6.5 sen, before paring its gains to end 4.5 sen or 6.7% higher at 71.5 sen, valuing the group at RM3.62 billion. It was the fifth most active counter on Bursa Malaysia today with 97.9 million shares traded. - More -