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Budget 2020 spelt out incentives cutting across various sectors of the economy, from health to infrastructure, and from digital payment systems to real estate.
PETALING JAYA: Construction and property group Protasco Bhd chairman and director Tan Sri Hadenan A Jalil, who has served the board for nine years, has passed away.
COULD construction and property player Protasco Bhd be a stock worth watching now that its boardroom tussle and one-off impairments have come to a close?
KUALA LUMPUR: JF Apex Research expects Alam Maritim Resources Bhd, KNM Group Bhd, Protasco Bhd and Zelan Bhd to be among the stocks to watch on Tuesday.
KUALA LUMPUR: Genting Bhd, Genting Malaysia Bhd, UMW Holdings Bhd, Padini Holdings Bhd, AirAsia Group Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
Protasco recovery targets the 100-day SMA
KUALA LUMPUR: Protasco Bhd's subsidiary HCM Engineering Sdn Bhd and its partner have been terminated by Turnpike Synergy Sdn Bhd as a contractor for the proposed Sungai Besi-Ulu Kelang Elevated Expressway (SUKE) due to delays in the project.
KUALA LUMPUR: AWC Bhd, Hibiscus Petroleum Bhd, MMC Corp Bhd, Time dotCom Bhd, Tan Chong Motor Holdings Bhd, Serba Dinamik Holdings Bhd and Wah Seong Corp Bhd are among the stocks to watch, according to JF Apex Research.
PETALING JAYA: Protasco Bhd posted net losses of RM801,000 in the third quarter ended Sept 30, 2018 which was a contrast from the net profit of RM10.3mil a year ago as its core businesses reported a decline.
KUALA LUMPUR: CIMB Equities Research is maintaining its underweight rating for the construction sector due to the expectations of a downturn for new contracts in 2019.