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Business 05 Dec 2017 | 4:22 AM Premium

Gamuda faces real challenge for the PDP job

KUALA LUMPUR: For the first time, Malaysia is seeing real competition for the job of a Project Delivery Partner (PDP).

Analyst Reports 29 Nov 2017 | 12:27 AM

MRCB dark horse of HSR project?

KUALA LUMPUR: CIMB Equities Research has upgraded Malaysian Resources Corp Bhd (MRCB) to Add with a higher target price of RM1.19 on news that it has teamed up with Gamuda to bid for the project delivery partner (PDP) role of the Kuala Lumpur-Singapore High-Speed Rail’s (HSR) infrastructure construction on the Malaysian side.

Analyst Reports 28 Nov 2017 | 12:41 AM

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.

Corporate News 25 Nov 2017 | 12:00 AM

Gamuda seen favourite for PDP job in HSR civil works

MRCB and IJM are also possible contenders.

Construction 24 Nov 2017 | 4:29 AM Premium

Gamuda favoured for PDP job in high speed rail

Gamuda leads the race to oversee infrastructure works.

Analyst Reports 22 Nov 2017 | 11:59 PM

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.

Corporate News 21 Nov 2017 | 12:00 AM

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.

Construction 20 Nov 2017 | 9:50 AM

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.

Business 11 Nov 2017 | 12:00 AM

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.

Analyst Reports 07 Nov 2017 | 12:23 AM

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.