As Malaysia strides into 2025, the property sector in the Klang Valley stands at the cusp of a promising year, buoyed by economic resilience, transformative infrastructure projects, and a growing appetite for both residential and industrial developments. This bustling region, encompassing Kuala Lumpur and its surrounding areas in Selangor, remains the heartbeat of Malaysia’s real estate market, drawing investors, developers, and homebuye...
In Q4 FY2024, the company bounced back into profitability, recording a profit before tax of RM3.79 million, a huge improvement from the loss of RM19.95 million in the same quarter last year. This shift shows that OCR’s effective cost management and asset optimization strategies are paying off. While revenue came in at RM3.98 million, lower than the previous year due to the completion of key construction projects, the company has been able to capitalize...
$OCR (7071.MY)$OCR Group Berhad’s two- pronged strategy is causing waves in Malaysia’s property market. The company’s recent press release highlights major milestones that could positively influence its stock outlook. Here’s what investors should know: Expanding the Essential Living Segment OCR has just launched the Kyra Collection in Shah Alam. This new project offers nearly 2,900 apartment units, wit...
OCR Group Berhad has achieved yet another milestone by securing the prestigious China ASEAN Master Class Award 2024 under the category of “Leading in Innovative Urban Property Development Excellence”. This recognition highlights the Group’s commitment to pushing boundaries in property development, leveraging its innovative approach to urban solutions. The award will be presented during the China ASEAN Master Class Award & Ga...
Executive Summary • Solid Q3 Results: OCR recorded RM9.94 million in revenue and RM628,000 profit before tax, driven by ongoing property development projects. • Affordable Housing Focus: The launch of Residensi Akasia under Rumah Selangorku, with a GDV of RM287.1 million, signals a strategic pivot to high-demand affordable housing. • Future Growth: With strong fundamentals and alignment with national housing priorities, OCR is positioned for...
OCR Group Bhd (Bursa: OCR), currently trading at just 3 cents per share, appears to be significantly undervalued, especially following their recent rights issue with free warrants. With a modest market capitalization now and solid fundamentals (over RM100.0 million in revenue easily every financial year) in the property development and construction sectors, this undervaluation presents an attractive entry point for investors. The company...
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OCR Group Berhad (“OCR”), an integrated property developer, recently raised RM46.8 million through a highly successful renounceable rights issue with free warrants, achieving an oversubscription rate of 101.1%. This response from the market speaks volumes about investor confidence in OCR's growth trajectory and development plans. The rights issue, priced at RM0.035 per share, was offered with tw...
While revenue came in at RM3.98 million, lower than the previous year due to the completion of key construction projects, the company has been able to capitalize...
Expanding the Essential Living Segment
OCR has just launched the Kyra Collection in Shah Alam. This new project offers nearly 2,900 apartment units, wit...
The award will be presented during the China ASEAN Master Class Award & Ga...
• Solid Q3 Results: OCR recorded RM9.94 million in revenue and RM628,000 profit before tax, driven by ongoing property development projects.
• Affordable Housing Focus: The launch of Residensi Akasia under Rumah Selangorku, with a GDV of RM287.1 million, signals a strategic pivot to high-demand affordable housing.
• Future Growth: With strong fundamentals and alignment with national housing priorities, OCR is positioned for...
With a modest market capitalization now and solid fundamentals (over RM100.0 million in revenue easily every financial year) in the property development and construction sectors, this undervaluation presents an attractive entry point for investors.
The company...
Bursa Malaysia ended the week on a weaker note as $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ fell by 11.58 points to 1,629.97 due to continued selling pressure, particularly in $Bursa Telecommunications & Media (0063I.MY)$ counters. This decline was attributed to rising concerns about global economic uncertainties and escalating tensions in the Middle East.
$Bursa Telecommunications & Media (0063I.MY)$ stocks led the retre...
The rights issue, priced at RM0.035 per share, was offered with tw...
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