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MRD – Melcor Developments Ltd

Not Compliant

—X—

Melcor Developments Ltd is not compliant with Shariah. The company’s financials fail all the five standards we check against.

$357,845,525

Market cap

71.32%

Revenue Growth

HOLD

Analysts' Rating

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Recommendation Rating

3

1

2

3

4

5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 13.82

Low: 13.82

High: 13.82

Total Analysts: 1

Company Profile

Melcor Developments Ltd. is a Canada-based real estate development and asset management company. The Company develops, manages, and owns mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. The Company’s divisions include community development, property development, investment properties, REIT and recreational property divisions. Community development is engaged in acquiring raw land for commercial and residential community development. Property development is engaged in developing retail, office and industrial income producing properties on serviced commercial sites developed by community development. Investment properties manages and leases the commercial developments produced by the property development. The REIT owns and holds approximately 39 income producing properties. Recreational Properties owns and operates championship golf courses associated with its residential communities.

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