5249 IOIPG
- 2.520
- +0.080+3.28%
IOIPG News
IOI Properties' 3Q Net Profit up 91%, Boosted by RM211m Johor Land Sale
IOI Properties Group Bhd’s (KL:IOIPG) net profit for its third quarter ended March 31, 2024 (3QFY2024) rose 90.9% to RM220.21 million from RM115.38 million a year earlier, mainly thanks to the completion of a land sale in Johor
IOI Properties' Profit Jumps in Fiscal Q3
IOI Properties Group's (KLSE:IOIPG) profit attributable to owners soared to 220.2 million ringgit in the fiscal third quarter ended March 31 from 115.4 million ringgit a year earlier. Earnings per sha
IOI Properties Group Berhad's (KLSE:IOIPG) Investors Will Be Pleased With Their Impressive 133% Return Over the Last Year
Malaysian Property Sector Soars: Top Picks in a Bullish Q1 Market
The Bursa Property Index has recently shown a robust uptrend, with a year-to-date surge of 25.80%, significantly outperforming the KLCI Index of 11.18%. Investors are closely monitoring the investment opportunities behind the standout performance in the real estate sector.
IOI Properties' Finance Chief Resigns to Pursue Other Interests
IOI Properties Group Bhd has announced the resignation of its chief financial officer Melissa Tan Swee Peng effective from June 3, after having served the company for about two years.
Malaysia Closing Bell on 13 May | GENTING Was the Top Gainer of FBM KLCI
GENTING was the top gainer, rising 4.62 percent to close at RM 4.760. The top loser was MRDIY, losing 1.67 percent to end at RM 1.770.
Johor now the largest data centre market in Malaysia, driven by investments from MNCs: report
Resource site Baxtel cites Johor as the largest data centre market in Malaysia now, as multinational corporations (MNCs) with regional presence pour investments into the state, according to a report by Channel News Asia.
RHB IB Stays Overweight on Property Sector; Top Picks UEMS, IOIPG, EO
RHB Investment Bank (RHB IB) has maintained its "overweight" rating on the property sector and said it expects the sector to continue to be driven by: i) positive news flow on potential infrastructure projects; ii) active land transactions and iii) influx of investments, especially in the data centre, green energy and manufacturing sectors.
Slower but Still Decent Growth Expected for Property Counters
IN the absence of the low base effect that accentuated year-on-year earnings growth in 2023, property developers — the best performing sector of Bursa Malaysia last year — are still expected to see growth in 2024 on the back of a stable interest rate regime and positive macroeconomic environment....
Malaysia Closing Bell on 15 Mar | TM Was the Top Gainer of FBM KLCI
15 Mar 2024 Friday FBMKLCI: 1552.830 (+0.59%) FBM70: 15664.640 (+0.52%) FBM SCAP: 16929.100 (+0.45%) FBM Emas Index: 11543.590 (+0.56%)
Bullish Outlook for Malaysia's Property Sector Amid Economic Challenges
Malaysia's property sector hits a historical high in transactions, with the KL Property Index climbing by 22% in early 2024. Analysts are buoyed by government support, infrastructural projects, and a stable economic outlook, anticipating sustained market growth and resilience despite global headwinds.
MY Morning Wrap | Public Bank Bhd Reports 5.73% YoY Decline in 4QFY2023 Net Profit Due to High Provision for Loan Impairment and Operating Expenses
Stocks to watch: Maybank, Public Bank, Hong Leong Bank, Capital A.
IOI Properties' 2Q Net Profit Falls 70% on Poor Showing by Property and Hospitality Segments
IOI Properties Group Bhd's net profit for its second quarter ended Dec 31, 2023 (2QFY2024) declined 69.78% to RM121.5 million from RM401.98 million a year earlier amid a weaker performance by the group's property development segment as well as its hospitality and leisure business.
Malaysia Closing Bell on 19 Feb | MRDIY Was the Top Gainer of FBM KLCI
19 Feb 2024 Monday FBMKLCI: 1538.610 (+0.33%) FBM70: 15332.050 (-0.45%) FBM SCAP: 17156.290 (+0.15%) FBM Emas Index: 11420.650 (+0.13%)
UOB Kay Hian Starts IOI Properties at Buy With MYR3.06 Price Target
04:59 AM EST, 01/19/2024 (MT Newswires) -- UOB Kay Hian Starts IOI Properties at Buy With MYR3.06 Price Target
IOI Properties on Shopping Spree, Eyes Tropicana Corp's Retail and Hospitality Assets
IOI Properties Bhd signed a sale and purchase agreement last week to buy W Kuala Lumpur from Tropicana Corp Bhd for RM270 million.
IOI Properties to Acquire W Kuala Lumpur Hotel From Tropicana Corp for RM270 Mil in Cash
Property developer IOI Properties Group Bhd plans to acquire five-star hotel W Kuala Lumpur (W KL) in Jalan Ampang, KL for RM270 million in cash from property group Tropicana Corp Bhd.
MY Morning Wrap | MyEG Inks Deal with PDC to Develop RM108m Foreign Workers' Village
Stocks to watch: MyEG, Sime Darby, Gamuda, IOI Prop.
IOI Properties' Profit Plunges in Fiscal Q1
IOI Properties Group' (KLSE:IOIPG) profit attributable to owners slumped to 174.4 million ringgit in the fiscal first quarter ended Sept. 30, from 640.3 million ringgit a year earlier as revenue fell.
With EPS Growth And More, IOI Properties Group Berhad (KLSE:IOIPG) Makes An Interesting Case
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