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Hatten Land kept at ‘buy’ on improving Malacca property market

Samantha Chiew
Samantha Chiew8/18/2017 12:30 PM GMT+08  • 2 min read
Hatten Land kept at ‘buy’ on improving Malacca property market
SINGAPORE (Aug 18): CIMB is maintaining its “add” call on Hatten Land with a target price of 38 cents on better fourth quarter operating performance.
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SINGAPORE (Aug 18): CIMB is maintaining its “add” call on Hatten Land with a target price of 38 cents on better fourth quarter operating performance.

In 4Q17, the Malaysia-based developer reported a trebling of net profits to RM59.7 million ($19 million) along with a 24% revenue increase to RM130 million.


See: Hatten FY17 earnings treble to $19 mil despite RTO expenses; declares maiden dividend

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