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DEBT has always been an efficient tool for finance and investment and it comes to no surprise that the list of companies that have the largest amount of debt includes some of the largest companies on Bursa Malaysia.
KUALA LUMPUR: Tan Sri Surin Upatkoon via Pinjaya Sdn Bhd plans to take MWE Holdings Bhd private and has requested the company to undertake a selective capital reduction (SCR) and capital repayment exercise.
PETALING JAYA: Earthworks and civil engineering services specialist Advancecon Holdings Bhd has bagged an award worth RM370.1mil from West Coast Expressway Sdn Bhd for works on Section 7 of the West Coast Expressway (WCE).
KUALA LUMPUR: Scientex Bhd, Advancecon Holdings Bhd, Bina Puri Holdings Bhd, Titijaya Land Bhd and Muhibbah Engineering (M) Bhd are among the stocks to watch on Friday, according to JF Apex Research.
KUALA LUMPUR:Advancecon Holdings Bhd’s shares fell 1.3% in morning trade despite securing a RM370mil West Coast Expressway contract.
PETALING JAYA: With the Government expected to make announcements on changes to toll charges on expressways, attention will be focused on the impact this may have on concessionaires and the national finances.
KUALA LUMPUR: Bursa Malaysia ended its most volatile week in years on a slightly firmer note as local institutions put up a stiff resistance to the heavy selling by foreign funds.
KUALA LUMPUR: CIMB Equities Research is retaining its Hold call for WCT Holdings with a lower target price of 84 sen compared with RM1.26 previously as it sees the outlook as likely subdued.
STOCKS of construction companies have been among the counters badly hit post-election due to their association with the previous ruling government and the potential risk of several mega projects being axed.