Land Sale, Singapore Boost For IOI Properties FY26 Ahead Of REIT Listing
IOI Properties Group reported FY26 core net income of RM844.6 million, up 184.5% year-on-year, boosted by land sales in Ampang and Malacca and contributions from Singapore assets. MBSB Research maintained its BUY call with a target price of RM4.64, citing strong sales and a planned REIT listing.