Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Property counters hog the limelight as Forest City carrot excites investors
#1
[Image: bd185965-johor-bharu-skyline-fb-280823-02.jpg]

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 -
Reply


Messages In This Thread
Property counters hog the limelight as Forest City carrot excites investors - by superadmin - 08-29-2023, 07:02 AM

Forum Jump:


Users browsing this thread: 1 Guest(s)