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Traders take profit on construction stocks

PETALING JAYA: Several construction stocks on Bursa Malaysia succumbed to profit taking yesterday, despite news on the revival of the billion-ringgit East Coast Rail Link (ECRL) project.

Felda gets lifeline

THE turnaround plan for ailing government agency, the Federal Land Development Authority (Felda), has shifted into high gear.

Megat Zaharuddin: The new business model will help to ensure the sustainability of the new Felda.

Cautious outlook weighs on market

REVIEW: The damp domestic outlook did little to spur buying interest on Bursa Malaysia, leaving the market softer over the week.

CMS confident of getting job extension

KUALA LUMPUR: Cahya Mata Sarawak Bhd (CMS) is confident of getting an extension for its state road maintenance concessions in Sarawak, which will end in less than two months, according to chief executive officer Datuk Isaac Lugun.

Softer Q1 earnings seen for steel and cement firms

PETALING JAYA: Steel and cement-based companies could register softer earnings in the first quarter of 2019 in view of weak cement and steel demand, coupled with cost-induced pressure.