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HARDLY a month since Pakatan Harapan formed the federal government, several big changes have already taken place - with many more in the pipeline.
PETALING JAYA: CIMB Equities Research remains cautious on the construction sector after over RM100bil worth of upcoming rail projects were cancelled over the past three days.
KUALA LUMPUR: CIMB Equities Research remains cautious about the construction sector after over RM100bil worth of upcoming rail projects have been cancelled over the past three days.
PETALING JAYA: A win by Pakatan Harapan on reflex, is expected to spook the FBM KLCI.
KUALA LUMPUR: MIDF Research reaffirmed its buy call on YTL Corp Bhd with an unchanged sum-of-parts-derived target price of RM1.82 on its appointment as a project delivery partners for the Kuala Lumpur-Singapre High Speed Rail (HSR) project.
PETALING JAYA: Among the many railway construction contracts that have been dished out of late, one in particular stands out from the rest.
KUALA LUMPUR: CIMB Equities Research has slashed it FY17F earnings per share (EPS) for Lafarge Malaysia and now projects a net loss of RM93mil.
KUALA LUMPUR: Gamuda Bhd remains a top pick among the big capitalised stocks for the multi-billion ringgit rail tunnelling jobs in the Klang Valley and other road projects, especially the Pan Borneo Highway (Sabah), according to CIMB Research.
PETALING JAYA: Rail is envisaged to shape up to be a big theme in 2017 within the construction sector, as large-scale projects such as the MRT 2, Gemas-JB double tracking and the East Coast Rail Link (ECRL) are developed, according to CIMB Research.
KLUANG: The RM9bil Gemas to Johor Baru double tracking project is expected to start next year and will take four years to be completed.