IOI Prop may ready fund for landbanking

KENANGA Investment Bank Bhd says IOI Properties Group Bhd (IOI Prop), which announced a cash call on Monday, is probably readying funds for future overseas or local landbanking as it hopes to capitalise on low purchase prices in challenging economic circumstances.

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Copyright: NSTP
Published on: 12 November 2014
Publication: New Straits Times
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NST - Wed, 11 2014 Business Times 120051 A-All
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