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Sunway earnings above expectations

KUALA LUMPUR: CIMB Equities Research is retaining its Add call for Sunway Bhd after its core net profit for the nine months ended Sept 30, 2017 made up 79% of its full-year forecast and 83% of Bloomberg consensus.

Gamuda seen favourite for PDP job in HSR civil works

MRCB and IJM are also possible contenders.

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Gamuda favoured for PDP job in high speed rail

Gamuda leads the race to oversee infrastructure works.

Positive surprise from IJM’s RM1.5b India road contract

KUALA LUMPUR: CIMB Equities Research is retaining its target price of RM3.87 for IJM Corporation, which is nearly 27% above its last traded price of RM3.05 after the company secured a RM1.5bil highway job in India.

Tender to appoint PDP for HSR project opens tomorrow

KUALA LUMPUR: MyHSR Corp Sdn Bhd will call for a tender to appoint the project delivery partner (PDP) for the Kuala Lumpur-Singapore High Speed Rail (HSR) project tomorrow.

Tender called to appoint KL-S’pore rail project’s delivery partner

KUALA LUMPUR: MyHSR Corp Sdn Bhd will call for a tender to appoint the project delivery partner (PDP) for the Kuala Lumpur-Singapore High Speed Rail (HSR) project on Wednesday.

Short position

THURSDAY’S announcement by Bank Negara that policymakers may consider reviewing the current degree of monetary accommodation gave a boost to the ringgit, which climbed to a near two-month high against the US dollar.

Minimal impact from Penang floods on companies

KUALA LUMPUR: CIMB Equities Research believes the floods in Penang state on Sunday, one of the worst in recent history, would have minimal or no operational disruption to the companies.

Breakfast briefing: Thursday, October 26 (Update)

Breakfast briefing: Thursday, October 26

Over 1,000 sub-contractors vie for RM55bil ECRL work packages

KUALA LUMPUR: More than 1,000 firms are competing for civil works packages for the construction of the new 688km rail line that will link states on the east coast with the Klang Valley.