Malaysia Property News is a free resource website sharing Daily Property News & information about Property in Malaysia, which related to, Property Market, Property Investment, Commercial Property , Hot Properties Malaysia, Real Estate, Retail Shop, Business Park, Condominium Malaysia, Terraces & Apartment Malaysia, Houses, Residence, Resort and many more.

Monday, October 25, 2010

SP Setia upgraded to 'buy' at Kenanga

SP Setia Bhd, Malaysia’s largest property developer, had its stock rating upgraded at Kenanga Investment Bank Bhd to reflect the company’s earnings growth prospects.

The company was raised to “buy” from “trading buy” and its fair value increased to RM5.50 from RM4.78, Yeow Yeonzon, an analyst, said in a report today.

By Bloomberg

No comments: