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KUALA LUMPUR (Feb 15): Property developer and car park manager South Malaysia Industries Bhd (SMI), whose share price rose 29% on Wednesday (Feb 15), said it is not aware of any corporate development, rumour or report that may have triggered the jump. ....
Overall house prices consolidated during the quarter under review, says Savills Malaysia associate director of research and consultancy Fong Kean Hwa when presenting The Edge | Savills Klang Valley High-Rise Residential Property Monitor for 3Q2022. The average asking price in prime city sub-markets (KLCC, Bangsar, Mont’Kiara) continued to contract year on year (y-o-y), he notes. “However, the average capital values declined much faster, widening the price gap. This indicates that buyers have strong bargaining power and that the property market is under pressure.” ....
South Malaysia Industries Bhd (SMI) has been slapped with an unusual market activity (UMA) query by Bursa Malaysia Securities Bhd on Monday (Sept 5) after a sharp fall in its share price. ....
The stock with positive momentum was: MK Land Holdings Bhd up 5.5 sen at 27.5 sen Stocks with negative momentum were: Asian Pac Holdings Bhd up two sen at 20 sen Berjaya Corp Bhd down 2.5 sen at 43 sen Berjaya Land Bhd up one sen at 41.5 sen Heng Huat Resources Group Bhd up seven sen at 69.5 sen Jasa Kita Bhd up one sen at 12.5 sen JKG Land Bhd up three sen at 13.5 sen MCT Bhd up five sen at 34.5 sen SHL Consolidated Bhd up eight sen at RM2.09 Silver Ridge Holdings Bhd up one sen at 90 sen Tasco Bhd up six sen at RM1.11 ....