Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Public Investment Bank Bhd has assigned a fair value of 70 sen on SKA Capital Bhd, which translates into a 63% premium over its initial public offering (IPO) price of 43 sen.
This fair value was calculated using a lower price-to-earnings multiplier of 16 times, compared with the industry standard of 20 times, reflecting the company’s smaller market capitalisation and its projected 2027 profits, the house said in a note on Monday
The house forecast SKA Capital’s earnings to grow at a three-year compound annual growth rate (CAGR) of 27%
RedPlanet Bhd is actively bidding for a pipeline of large-scale projects, holding 11 pending tenders valued at RM132.05 million across its geospatial and intelligent rail solutions businesses.
The RM132 million tender pipeline targets ongoing infrastructure rollouts in Malaysia, including the LRT Line 3 expansion and Penang's Mutiara Line
The landbank will be critical. If SkyWLD has sufficient strategically located land with attractive development potential, it could provide the visibility needed to support the FY27–31 earnings ambition
WTK Holdings Bhd has proposed to dispose of three industrial leasehold properties in Seberang Perai Tengah, Penang, to NationGate System Sdn Bhd for RM38mil cash
