Highway blues


Smooth flow: Surprise...surprise...the reverse exodus from throughout the peninsula to the federal capital on the last day of the Chinese New Year holiday period was unexpectedly jam-free.

JUST as a ray of sunshine appeared for the construction sector after a tumultuous 2018, uncertainty gripped construction stocks once again after the government said it has began negotiations to start taking over the highway concessionaires.

The announcement by the government last Saturday said talks to take over four intra-city highways controlled by Gamuda Bhd had commenced, a tonne of bricks fell on construction stocks once again on Monday when the market opened.

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