Malaysia Building Society Bhd (MBSB) is planning to rollout up to RM700 million in financing for the development of eight more Federal Territories Affordable Housing (Rumawip) projects.

President and chief executive officer Datuk Seri Ahmad Zaini Othman said the total gross development value (GDV) of these projects would be RM2 billion.

Source: https://www.theedgemarkets.com/article/advance-synergy-ewein-vertice-caely-umwog-leweko-tm-tnb-mbsb-mmc-zelan-rev-asia-ewi-carimin
 

Today's Trading Idea : MBSB-C6
- Effective Gearing 6.31x
- Sensitivity 3 ticks
- Maturity date on 14/5/2018

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