dah dapat wang kopi pagi ni? :)

UP 24.5sen.... cleared//// now 25sen, wait n see... breakthru 25sen, a big jump or even 30sen & above is very likely... monitor closely :)

Realisation is coming?

Country Heights Holdings Berhad (CHHB) is set to reappear on the radar of investors as management begins to implement new plans that will lead to greater transformation.

According to TA Securities, based on the recent series of events at CHHB since the appointment of managing director (MD) Datuk Jared Lim Chih Li (DJ) in September 2020, the group could reach new heights.

DJ, the son-in-law of Tan Sri Lee Kim Yew, CHHB's former MD and controlling shareholder with current collective interest of 63 per cent, brings nearly 30 years of experience in corporate finance, private equity, entrepreneurship, and transformational leadership with him.

Direct deal :)

Summary from 25/08/2009 to 12/03/2024
Highest Price 1.6200 First Occurred on 22/08/2014
Lowest Price 0.1900 First Occurred on 07/03/2024
Highest Volume 14.500m First Occurred on 21/12/2023

:)

04/03/2024 00:00:00 0.4100 0.1350 320,000 3.010m 131,200 893,300 0.2968 0.1067 -
04/03/2024 00:00:00 0.4100 0.1350 560,000 3.010m 229,600 893,300 0.2968 0.1867 -

Save Print Back

KAWAN - Notice of Book Closure
KAWAN - Notice of Book Closure
ILC-07032024-00001
Interim Single Tier Dividend of 4.2 sen per ordinary share Kindly be advised
of the following : 1) The above Company's securities will be traded and
quoted "Ex - Dividend? as from: 20 Mar 2024 2) The last date of lodgment : 21
Mar 2024 3) Date Payable : 02 Apr 2024 Remarks : Arising from the migration
to the no par value regime under the Companies Act 2016, par value is no longer
relevant.
MANAGER, REF. DATA MANAGEMENT
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

07/03/2024 07:00 AM


Ref Code: 202403075100020

Interim Dividend 4.2sen, just grab dulu

1,000,000 shares @30sen baru RM300K je haha

Jika LKY beli dari pasaran terbuka, terus balik 30sen++ :)

Lim dah beli banyak. Giliran LKY pulak kot? :)

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : INTENTION TO DEAL DURING CLOSED PERIOD
COUNTRY HEIGHTS HOLDINGS BHD

Subject Intention to Deal During Closed Period

No Salutation Name Designation Description Of "Others" Designation
1
TAN SRI
Tan Sri Lee Kim Tiong @ Lee Kim Yew
Others
Group Advisor
Nature of Interest Direct Interest
Description of Securities
Ordinary Shares
No of Securities Held 77,766,389
% of Securities Held 26.210
2
TAN SRI
Tan Sri Lee Kim Tiong @ Lee Kim Yew
Others
Group Advisor
Nature of Interest Indirect Interest
Description of Securities
Ordinary Shares
No of Securities Held 57,878,121
% of Securities Held 19.500


Remarks :
This announcement is made due to the intention to deal by companies deemed interested by Tan Sri Lee Kim Yew.

Announcement Info
Company Name COUNTRY HEIGHTS HOLDINGS BHD
Stock Name CHHB
Date Announced 05 Mar 2024
Category Dealings in Listed Securities (Chapter 14 of Listing Requirements)
Reference Number DLR-05032024-00033

Announced Date Change Type Shares Name
13 Mar 2024 12 Mar 2024 Acquired 2,650,000 MR LIM CHOW SEN @ LIM CHOW SOON
08 Mar 2024 07 Mar 2024 Acquired 9,055,700 MR LIM CHOW SEN @ LIM CHOW SOON

NTA 2.0900
P/B 0.11
RPS 17.03
PSR 1.41
Market Cap 72.0M
Shares (mil) 299.99

25sen & above today. Let's see later :)

hebatnya, israel :)

Israeli military says it will move displaced civilians in Gaza to ‘humanitarian islands’ | BBC News

14 Mar 2024


Delta Airlines to resume flights to Israel starting June 7, following months of delays
United, American Airlines, and Delta all suspended US service to Israel in October following the Hamas attack.

By REUTERS 14/03/2024

Started the recovery, 24-24.5sen at closing

Let’s explore the recent developments in Country Heights Holdings Bhd (CHHB):

Property Projects:
CHHB has lined up property projects with a combined gross development value (GDV) of RM920 million to drive its business in 2023.
These projects include:
Mines Beach Suite: A development with a GDV of RM600 million.
Jitra Housing Project in Kedah: Valued at RM200 million.
Cyberlake Heights: A housing development.
Pajam Industrial Hub in Negeri Sembilan: Each having a GDV of RM60 million.
All of these projects are set to be launched this year.
The company aims to monetize its existing assets and leverage its brand presence in the market1.
International Medical and Wellness Hub:
CHHB plans to expedite the development of an international medical and wellness hub.
The Mines Beach Resort will be repositioned into a premier retreat destination dedicated to promoting health.
GHHS Healthcare’s resort, hospitality, and wellness divisions will be restructured to support this 200-acre hub.
Additionally, adjacent recreational land will be allocated for the same purpose.

@ocbc

ok, he bought AAX when it was at $0.70 and now is $1.34, now he collecting CHHB at lelong price. Cheers !!


3 hours ago

www.investingmalaysia.com/shareholder-lim-chow-sen-lim-chow-soon/

@ocbc

u must know who is he "MR LIM CHOW SEN @ LIM CHOW SOON"

5 minutes ago

Share Issued 299.988m
Market Cap =RM70.497m @23.5sen
Syariah: Yes
Net book value per share: RM2.09
Market cap menurut NBV= ~300mil shares x RM2.09 ~ RM627mil ...greatly undervalued

yahudi serang sampai menang hehe

The Times of Israel
The Times of Israel
· 11h
Hamas terrorist behind global attack plots killed in strike near Tyre, Israel says


· 4h · on MSN
Israel says air strike on Gaza UN food centre killed Hamas militant

lim tahu sesuatu yg traders tak tahu ka? hehe


Name Details of Changes
Date Type No. of Shares Price
MR LIM CHOW SEN @ LIM CHOW SOON 12-Mar-2024 Acquired 2,650,000 0.000
MR LIM CHOW SEN @ LIM CHOW SOON 07-Mar-2024 Notice of Interest 9,055,700 0.000

Name Details of Changes
Date Type No. of Shares Price
MR CHUA HEE BOON 18-Aug-2023 Acquired 160,000 -
MR CHUA HEE BOON 17-Aug-2023 Acquired 110,000 -
MR CHUA HEE BOON 09-May-2023 Acquired 127,500 -
MR CHUA HEE BOON 08-May-2023 Acquired 150,000 -
MR CHUA HEE BOON 10-Apr-2023 Acquired 100,000 -
MR CHUA HEE BOON 27-Mar-2023 Acquired 100,000 -
MR CHUA HEE BOON 07-Mar-2023 Acquired 100,000 -
TAN SRI LEE KIM TIONG @ LEE KIM YEW 01-Sep-2022 Acquired 1,980,000 -
GOLDEN TOUCH INVESTMENT BANK LTD 08-Jul-2022 Acquired 5,000,000 -
TAN SRI LEE KIM TIONG @ LEE KIM YEW 08-Jul-2022 Acquired 5,000,000 -
TAN SRI LEE KIM TIONG @ LEE KIM YEW 05-Jul-2022 Acquired 1,000,000 -
TAN SRI LEE KIM TIONG @ LEE KIM YEW 05-Jul-2022 Acquired 1,000,000 -
TAN SRI LEE KIM TIONG @ LEE KIM YEW 01-Jul-2022 Acquired 30,000 -
TAN SRI LEE KIM TIONG @ LEE KIM YEW 30-Jun-2022 Acquired 20,000 -
TAN SRI LEE KIM TIONG @ LEE KIM YEW 10-Jun-2022 Acquired 2,000,000 -
PUAN SRI TAN BEE HONG 08-Jun-2022 Acquired 1,000,000 -
TAN SRI LEE KIM TIONG @ LEE KIM YEW 08-Jun-2022 Acquired 1,000,000 -
TAN SRI LEE KIM TIONG @ LEE KIM YEW 30-May-2022 Acquired 360,000 -
TAN SRI LEE KIM TIONG @ LEE KIM YEW 26-May-2022 Acquired 140,000 -
TAN SRI LEE KIM TIONG @ LEE KIM YEW 24-May-2022 Acquired 4,600,000 -
TAN SRI LEE KIM TIONG @ LEE KIM YEW 20-May-2022 Acquired 4,600,000 -
TAN SRI LEE KIM TIONG @ LEE KIM YEW 09-Mar-2022 Acquired 4,000,000 -
TAN SRI LEE KIM TIONG @ LEE KIM YEW 04-Feb-2022 Acquired 150,000 -
TAN SRI LEE KIM TIONG @ LEE KIM YEW 31-Jan-2022 Acquired 500,000 -
TAN SRI LEE KIM TIONG @ LEE KIM YEW 07-Oct-2021 Acquired 23,900

sabri dah tiada, muhyiddin pun tiada. kini anwar, boleh tangkap semua. baru semangat madani

barangkali, lim targets to up to 20% stake in CHHB... more to come.. Nice!

korang jual, lim serap semua hehe

5738 CHHB COUNTRY HEIGHTS HOLDINGS BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : LIM CHOW SEN @ LIM CHOW SOON
NRIC/Passport No./Company No. : -
Nationality/Country of Incorporation : Malaysia
Address:
-
Descriptions (Class and Nominal Value):
Ordinary Shares
Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 12/03/2024
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 12/03/2024 Acquired 2,650,000 -
Circumstances by reason of which change has occurred:
Off market acquisition
Nature of Interest:
Direct Interest
Consideration:

No of Shares Held After Changes:
Direct : 26,335,700 shares (8.8800%)
Total : 26,335,700 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

13/03/2024 07:00 AM


Ref Code: 202403133600189

lim tambah lagi :)

Wednesday, 13 Mar 2024
5:30PM
CHHB LIM CHOW SEN @ LIM CHOW SOON (2,650,000 units Acquired)
Friday, 8 Mar 2024
5:37PM
CHHB LIM CHOW SEN @ LIM CHOW SOON (9,055,700 units Acquired)

www.kasi.asia/about/principal-officers/tan-sri-lee-kim-yew/

https://www.tatlerasia.com/people/lee-kim-yew

Jelkan semua

It is learnt that the raids were conducted around the Tropicana area in Petaling Jaya.

PETALING JAYA: The Securities Commission (SC) is believed to have raided premises of listed companies for suspected abuse of fund-raising activities.

According to well-placed sources, the regulator kicked off the investigations following complaints and tip-offs from the public on alleged fraud, as well as potential false or misleading disclosure by several public-listed companies in their fund-raising exercises, including private placements, employees share option schemes and rights issues.

It is learnt that the raids were conducted around the Tropicana area in Petaling Jaya.

A number of listed companies had taken advantage of relaxed fund-raising rules that were loosened during the Covid-19 crisis. The rules were changed to allow companies to sell up to 20% of their issued share capital via private placements until Dec 31, 2021, compared with 10% previously.

In addition, companies were permitted to issue up to 30% of their existing share capital in a share placement if the shareholders approve the exercise at an EGM.

Naturally, the relaxed ruling attracted numerous small-cap companies to raise fresh cash for working capital and future investments or for new business ventures such as rubber glove manufacturing or distribution of vaccines and Covid-19 test kits.

According to the SC, fresh capital raised from secondary issuance, such as share placements and rights issues, rose 76% year-on-year (y-o-y) to RM8bil in 2020 and another 78.8% y-o-y jump to RM14.3bil in 2021.

Late last year, Bursa Malaysia proposed amendments to the Main Market and ACE Market Listing Requirements to, among others, boost the transparency on fund-raising exercises involving new securities issuance.

The exchange issued a consultation paper seeking public feedback on these proposed amendments.

Interested parties were invited to submit their comments and feedback by Jan 26, 2024.

Among the key proposed amendments include enhanced disclosures in relation to placement exercises, enhancing the employee share scheme framework by subjecting a share grant scheme to the same restriction on the total number of shares issued under a share issuance scheme.

These amendments were proposed probably to tighten the screw on public-listed companies’ fund-raising exercise rules, which were relaxed to help ease cash constraints caused by the Covid-19 pandemic in 2020.

Tangkap semua

It is learnt that the raids were conducted around the Tropicana area in Petaling Jaya.

PETALING JAYA: The Securities Commission (SC) is believed to have raided premises of listed companies for suspected abuse of fund-raising activities.

According to well-placed sources, the regulator kicked off the investigations following complaints and tip-offs from the public on alleged fraud, as well as potential false or misleading disclosure by several public-listed companies in their fund-raising exercises, including private placements, employees share option schemes and rights issues.

It is learnt that the raids were conducted around the Tropicana area in Petaling Jaya.

A number of listed companies had taken advantage of relaxed fund-raising rules that were loosened during the Covid-19 crisis. The rules were changed to allow companies to sell up to 20% of their issued share capital via private placements until Dec 31, 2021, compared with 10% previously.

In addition, companies were permitted to issue up to 30% of their existing share capital in a share placement if the shareholders approve the exercise at an EGM.

Naturally, the relaxed ruling attracted numerous small-cap companies to raise fresh cash for working capital and future investments or for new business ventures such as rubber glove manufacturing or distribution of vaccines and Covid-19 test kits.

According to the SC, fresh capital raised from secondary issuance, such as share placements and rights issues, rose 76% year-on-year (y-o-y) to RM8bil in 2020 and another 78.8% y-o-y jump to RM14.3bil in 2021.

Late last year, Bursa Malaysia proposed amendments to the Main Market and ACE Market Listing Requirements to, among others, boost the transparency on fund-raising exercises involving new securities issuance.

The exchange issued a consultation paper seeking public feedback on these proposed amendments.

Interested parties were invited to submit their comments and feedback by Jan 26, 2024.

Among the key proposed amendments include enhanced disclosures in relation to placement exercises, enhancing the employee share scheme framework by subjecting a share grant scheme to the same restriction on the total number of shares issued under a share issuance scheme.

These amendments were proposed probably to tighten the screw on public-listed companies’ fund-raising exercise rules, which were relaxed to help ease cash constraints caused by the Covid-19 pandemic in 2020.

Penjarakan semua

It is learnt that the raids were conducted around the Tropicana area in Petaling Jaya.

PETALING JAYA: The Securities Commission (SC) is believed to have raided premises of listed companies for suspected abuse of fund-raising activities.

According to well-placed sources, the regulator kicked off the investigations following complaints and tip-offs from the public on alleged fraud, as well as potential false or misleading disclosure by several public-listed companies in their fund-raising exercises, including private placements, employees share option schemes and rights issues.

It is learnt that the raids were conducted around the Tropicana area in Petaling Jaya.

A number of listed companies had taken advantage of relaxed fund-raising rules that were loosened during the Covid-19 crisis. The rules were changed to allow companies to sell up to 20% of their issued share capital via private placements until Dec 31, 2021, compared with 10% previously.

In addition, companies were permitted to issue up to 30% of their existing share capital in a share placement if the shareholders approve the exercise at an EGM.

Naturally, the relaxed ruling attracted numerous small-cap companies to raise fresh cash for working capital and future investments or for new business ventures such as rubber glove manufacturing or distribution of vaccines and Covid-19 test kits.

According to the SC, fresh capital raised from secondary issuance, such as share placements and rights issues, rose 76% year-on-year (y-o-y) to RM8bil in 2020 and another 78.8% y-o-y jump to RM14.3bil in 2021.

Late last year, Bursa Malaysia proposed amendments to the Main Market and ACE Market Listing Requirements to, among others, boost the transparency on fund-raising exercises involving new securities issuance.

The exchange issued a consultation paper seeking public feedback on these proposed amendments.

Interested parties were invited to submit their comments and feedback by Jan 26, 2024.

Among the key proposed amendments include enhanced disclosures in relation to placement exercises, enhancing the employee share scheme framework by subjecting a share grant scheme to the same restriction on the total number of shares issued under a share issuance scheme.

These amendments were proposed probably to tighten the screw on public-listed companies’ fund-raising exercise rules, which were relaxed to help ease cash constraints caused by the Covid-19 pandemic in 2020.

Penjarakan semua

It is learnt that the raids were conducted around the Tropicana area in Petaling Jaya.

PETALING JAYA: The Securities Commission (SC) is believed to have raided premises of listed companies for suspected abuse of fund-raising activities.

According to well-placed sources, the regulator kicked off the investigations following complaints and tip-offs from the public on alleged fraud, as well as potential false or misleading disclosure by several public-listed companies in their fund-raising exercises, including private placements, employees share option schemes and rights issues.

It is learnt that the raids were conducted around the Tropicana area in Petaling Jaya.

A number of listed companies had taken advantage of relaxed fund-raising rules that were loosened during the Covid-19 crisis. The rules were changed to allow companies to sell up to 20% of their issued share capital via private placements until Dec 31, 2021, compared with 10% previously.

In addition, companies were permitted to issue up to 30% of their existing share capital in a share placement if the shareholders approve the exercise at an EGM.

Naturally, the relaxed ruling attracted numerous small-cap companies to raise fresh cash for working capital and future investments or for new business ventures such as rubber glove manufacturing or distribution of vaccines and Covid-19 test kits.

According to the SC, fresh capital raised from secondary issuance, such as share placements and rights issues, rose 76% year-on-year (y-o-y) to RM8bil in 2020 and another 78.8% y-o-y jump to RM14.3bil in 2021.

Late last year, Bursa Malaysia proposed amendments to the Main Market and ACE Market Listing Requirements to, among others, boost the transparency on fund-raising exercises involving new securities issuance.

The exchange issued a consultation paper seeking public feedback on these proposed amendments.

Interested parties were invited to submit their comments and feedback by Jan 26, 2024.

Among the key proposed amendments include enhanced disclosures in relation to placement exercises, enhancing the employee share scheme framework by subjecting a share grant scheme to the same restriction on the total number of shares issued under a share issuance scheme.

These amendments were proposed probably to tighten the screw on public-listed companies’ fund-raising exercise rules, which were relaxed to help ease cash constraints caused by the Covid-19 pandemic in 2020.

Dakwa & tangkap

It is learnt that the raids were conducted around the Tropicana area in Petaling Jaya.

PETALING JAYA: The Securities Commission (SC) is believed to have raided premises of listed companies for suspected abuse of fund-raising activities.

According to well-placed sources, the regulator kicked off the investigations following complaints and tip-offs from the public on alleged fraud, as well as potential false or misleading disclosure by several public-listed companies in their fund-raising exercises, including private placements, employees share option schemes and rights issues.

It is learnt that the raids were conducted around the Tropicana area in Petaling Jaya.

A number of listed companies had taken advantage of relaxed fund-raising rules that were loosened during the Covid-19 crisis. The rules were changed to allow companies to sell up to 20% of their issued share capital via private placements until Dec 31, 2021, compared with 10% previously.

In addition, companies were permitted to issue up to 30% of their existing share capital in a share placement if the shareholders approve the exercise at an EGM.

Naturally, the relaxed ruling attracted numerous small-cap companies to raise fresh cash for working capital and future investments or for new business ventures such as rubber glove manufacturing or distribution of vaccines and Covid-19 test kits.

According to the SC, fresh capital raised from secondary issuance, such as share placements and rights issues, rose 76% year-on-year (y-o-y) to RM8bil in 2020 and another 78.8% y-o-y jump to RM14.3bil in 2021.

Late last year, Bursa Malaysia proposed amendments to the Main Market and ACE Market Listing Requirements to, among others, boost the transparency on fund-raising exercises involving new securities issuance.

The exchange issued a consultation paper seeking public feedback on these proposed amendments.

Interested parties were invited to submit their comments and feedback by Jan 26, 2024.

Among the key proposed amendments include enhanced disclosures in relation to placement exercises, enhancing the employee share scheme framework by subjecting a share grant scheme to the same restriction on the total number of shares issued under a share issuance scheme.

These amendments were proposed probably to tighten the screw on public-listed companies’ fund-raising exercise rules, which were relaxed to help ease cash constraints caused by the Covid-19 pandemic in 2020.

Tangkap semua hehehe

It is learnt that the raids were conducted around the Tropicana area in Petaling Jaya.

PETALING JAYA: The Securities Commission (SC) is believed to have raided premises of listed companies for suspected abuse of fund-raising activities.

According to well-placed sources, the regulator kicked off the investigations following complaints and tip-offs from the public on alleged fraud, as well as potential false or misleading disclosure by several public-listed companies in their fund-raising exercises, including private placements, employees share option schemes and rights issues.

It is learnt that the raids were conducted around the Tropicana area in Petaling Jaya.

A number of listed companies had taken advantage of relaxed fund-raising rules that were loosened during the Covid-19 crisis. The rules were changed to allow companies to sell up to 20% of their issued share capital via private placements until Dec 31, 2021, compared with 10% previously.

In addition, companies were permitted to issue up to 30% of their existing share capital in a share placement if the shareholders approve the exercise at an EGM.

Naturally, the relaxed ruling attracted numerous small-cap companies to raise fresh cash for working capital and future investments or for new business ventures such as rubber glove manufacturing or distribution of vaccines and Covid-19 test kits.

According to the SC, fresh capital raised from secondary issuance, such as share placements and rights issues, rose 76% year-on-year (y-o-y) to RM8bil in 2020 and another 78.8% y-o-y jump to RM14.3bil in 2021.

Late last year, Bursa Malaysia proposed amendments to the Main Market and ACE Market Listing Requirements to, among others, boost the transparency on fund-raising exercises involving new securities issuance.

The exchange issued a consultation paper seeking public feedback on these proposed amendments.

Interested parties were invited to submit their comments and feedback by Jan 26, 2024.

Among the key proposed amendments include enhanced disclosures in relation to placement exercises, enhancing the employee share scheme framework by subjecting a share grant scheme to the same restriction on the total number of shares issued under a share issuance scheme.

These amendments were proposed probably to tighten the screw on public-listed companies’ fund-raising exercise rules, which were relaxed to help ease cash constraints caused by the Covid-19 pandemic in 2020.

Bottom out at 23.5sen now. Wait4rebound saja

tetap yakin & percaya ia akan dipulihkan

tunggu harga memecut, then traders pun akan masuk pasaran secara besar-besaran. sabar, ya!

harga memang macam tu, lebih tinggi, lebih ramai pembeli pulak

buat isu bahawa akaun tak dapat diumumkan, kini akaun pun ok , tiada masalah... satu rencana yg indah

satu rencana untuk merendahkan harga syer. kini, rencana baru untuk meninggikan harga syernya pulak, bukan? hehe

@2023-04-13
Declared Bankrupt, Lee Kim Yew to Hold Press Conference Today to Explain the Issue

hehe... sungguh memalukan... hanya berani boikot kedai2 makanan ataupun minuman.. kebodohan tak terhingga ... bodoh...

@speakup

https://www.reuters.com/technology/nvidia-build-israeli-supercomputer-ai-demand-soars-2023-05-29/
guess PMX is going to ask Nvidia to balik kampong to USA!

19 hours ago

Lky tak bodoh , 20% stake can dilute his stake a lot too. Pp price won't be dirt cheap. It would recover soon b4 pp is carried out

23.5sen dah cleared. Kini 24sen pun dah mau clear pulak .

Pp pun mesti dibuat pada harga yang berpatutan, 35-40sen at least , probably 38sen or above

Above 30sen pretty soon. Simply trust in it.

Friendly parties of lky masuk pasaran terbuka , sapu syer , naik gila kelak

PETALING JAYA: Despite the record-breaking transaction value recorded in 2023 in the property sector, the KL Property Index, which is made up of listed shares of property companies, has remained relatively flat.

The index closed at about 918 points yesterday, six points higher compared to the 912 opening points recorded on March 6, the day when the National Property Information Centre (Napic) released its statistics on last year’s property market.

Analysts, however, expressed optimism about the outlook for property stocks on the KL Property Index following the latest Napic results, citing several factors contributing to positive sentiment in the sector.

These include favourable monetary and government policies as well as the spillover effects from major infrastructure projects like the high-speed rail (HSR), rapid transit system (RTS), and mass rapid transit 3 (MRT3).

Speaking with StarBiz, RHB Research analyst Loong Kok Wen said these factors, coupled with the anticipated improved economic growth, are expected to sustain the positive momentum in the property market.

“Generally, developers are aiming for higher sales targets and higher launches this year,” she said, adding that overall, there should not be any negative earnings growth.

Another analyst with a local brokerage also believes that developers are poised for a stronger performance in 2024.

“In addition to favourable monetary and government policies, Malaysia’s resilient growth, supported by increased domestic demand and improved labour market conditions, is anticipated to impact the property sector positively,” she told StarBiz.Similarly, she believes the imminent end of the central bank’s interest rate hike cycle, potential land value boosts from major infrastructure projects and the establishment of special financial hubs and economic zones would collectively contribute to this positive sentiment.

“Furthermore, we expect the implementation of homeowner-friendly policies to add another layer of appeal to the sector,” she added.

Moving forward, the analyst anticipates the above mentioned factors to sustain a positive market momentum for the upcoming months.

“With robust unbilled sales and a solid balance sheet, developers seem well positioned to embrace a promising 2024,” she said.

When asked about the impact of the high cost of living on the property market, Loong said that post-Covid-19, various countries witnessed a surge in inflation as economies reopened.

However, as of 2024, she said inflation is stabilising, signalling a gradual adjustment to the new norm, not only in Malaysia but globally.

“I’m not blindly optimistic, I know inflation is a threat but people are spending, as evident in malls,” she noted.

As for the weakening ringgit, Loong said it will have a direct impact on investor sentiment.

However, she said the impact is not significant on the property market as construction materials are locally sourced.

Despite the weakening local currency, she believes the demand for property is expected to persist, driven by the fact that people refrained from spending during Covid-19.

“The (property) demand is now fuelled by the savings accumulated during that (Covid) period,” she said.

REMEMBER these four things:

Investing is not gambling – only if you know what you are doing.
Don’t let your emotions control you.
Investing is a marathon – not a sprint. Focus on long term.
Every market downturn in history, has ended in an upturn.

REMEMBER these four things:

Investing is not gambling – only if you know what you are doing.
Don’t let your emotions control you.
Investing is a marathon – not a sprint. Focus on long term.
Every market downturn in history, has ended in an upturn.

masih ada harapan.. :)

Selepas kekalahan hamas arab, boikot akan disappeared in stages. mark my words, ya! hehe

Israel checks reports that Hamas military No.2 Issa killed in Gaza strike
Story by Maayan Lubell and Nidal al-Mughrabi • 14h • 4 min read

@vllyk

And what will winning the war mean for Starbucks?

12 hours ago