Stock Name: SUNCITY
Company Name: SUNWAY CITY BHD
Research House: HWANGDBS
Sunway City Bhd, a Malaysian property group, was upgraded at HwangDBS Vickers Research Sdn Bhd after the company announced a plan to set up a real estate investment trust.
The company was upgraded to "buy" from "hold" and its share price estimate increased to RM4.70 from RM3.10, HwangDBS said in a report today.
The stock climbed 1.6 per cent to RM3.76 at 9:09 am local time in Kuala Lumpur trading, headed for the highest close since February 6, 2008. -- Bloomberg
Company Name: SUNWAY CITY BHD
Research House: HWANGDBS
Sunway City Bhd, a Malaysian property group, was upgraded at HwangDBS Vickers Research Sdn Bhd after the company announced a plan to set up a real estate investment trust.
The company was upgraded to "buy" from "hold" and its share price estimate increased to RM4.70 from RM3.10, HwangDBS said in a report today.
The stock climbed 1.6 per cent to RM3.76 at 9:09 am local time in Kuala Lumpur trading, headed for the highest close since February 6, 2008. -- Bloomberg
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