AmInvestment Bank Maintains ‘Overweight’ Call On Property Sector

KUALA LUMPUR, Jan 7 — AmInvestment Bank has maintained its “overweight” call on the property sector following 1Malaysia Development Bhd’s (1MDB) proposed sale of a 60% equity stake in the Bandar Malaysia project. The research house noted that based on this recent development, it estimates the implied land value for the project to be RM583 … Read more