Malacca

Zest

Charming home away from home

If you have not been to Malacca in a while, perhaps it is time to do so — the once-sleepy state has come into its own, with plenty to rediscover and a charming hotel at the heart of the town to sweeten the deal

Property

Ascott wins contracts to manage 4 properties in Southeast Asia; sets 160,000-unit target for 2023

SINGAPORE (Jan 29): CapitaLand says its serviced residence business unit, The Ascott, has won contracts to manage four properties with 1,200 units across Malaysia, the Philippines and China.
The Edge Singapore

Broker's Calls

This developer is banking on Malacca’s transformation

SINGAPORE (June 21): CIMB is starting Hatten Land with an “add” rating and a target price of 38 cents, given its 45% discount to RNAV.

Prime property portfolio makes this Malaysian developer a solid bet

SINGAPORE (March 14): UOB Kay Hian is starting coverage of Hatten Land with a “buy” call and a target price of 43 cents.

Oil spice: With US$3 bil port, Malacca eyes slice of shipping giant Singapore's pie

(Nov 23): Once at the heart of the global spice trade, Malacca is pumping nearly US$3 billion ($4.2 billion) into an ambitious plan to put itself in demand in a different hot commodity - oil.

Broker's Calls

Private hospitals come under examination

SINGAPORE (Sept 26): A perceived quality gap continues to hound Malaysian hospitals, keeping Singapore patients away despite the promise of lower healthcare costs, says Maybank Kim Eng.

Broker's Calls

HMI gaining a steady pulse in the medical tourism sector

SINGAPORE (Sept 15): KGI Fraser is initiating coverage on private healthcare operator Health Management International (HMI) with a “buy” call at a target price of 60 cents.

Allied Tech acquiring Malacca land for factory building

SINGAPORE (Sept 14): Allied Technologies is acquiring six parcels of freehold land in Malacca, Malaysia, for RM7.63 million ($2.55 million).

Broker's Calls

Here comes a new challenger in the healthcare playing field

SINGAPORE (Aug 30): Maybank Kim Eng is highlighting Health Management International (HMI) as a “unique hospital operator” for its accelerating growth, healthy balance sheet, established track record and continued expansions.
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