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The abrupt change in government has cast uncertainty over some big infrastructure projects, which were planned to be rolled out in the near future.
KUALA LUMPUR: Shares of Eden Inc Bhd fell 2% in early trade Thursday despite news on the company getting compensation for East Coast Rail Link (ECRL) land sale.
KUALA LUMPUR: Tenaga Nasional Bhd (TNB), Telekom Malaysia Bhd, Eden Inc Bhd, Malayan United Industries Bhd (MUI), Priceworth International Bhd and APFT Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
PETALING JAYA: Eden Inc Bhd expects a gain of RM10.9mil after a piece of its land in Kuantan was compulsorily acquired by Malaysia Rail Link Sdn Bhd for the East Coast Rail Link (ECRL) project.
KUALA LUMPUR: Eden Inc Bhd expects a gain of RM10.9mil after a piece of its land in Kuantan was compulsorily acquired by Malaysia Rail Link Sdn Bhd for the East Coast Rail Link (ECRL) project.
KUALA LUMPUR: Infrastructure-property group IJM Corp’s earnings for the nine months ended Dec 31,2019 were below CGS-CIMB Equities Research forecast and it maintained its Hold call with a lower target price of RM2.10.
KUALA LUMPUR: There could be improving sentiment on IJM Corp Bhd as the group displays early signs of improvement, according to RHB Research.”
PETALING JAYA: Construction stocks gained momentum yesterday, driven by expectations of resumed growth for the sector, as well as the anticipation of the economic stimulus package to be announced month-end.
PORT KLANG (Bernama): The incident in which a two-year-old boy was flung out of a car driven by his father on the North-South Highway near Senawang, Negri Sembilan on Monday (Feb 10), should serve as a lesson to parents on the importance of using child safety seats, says Anthony Loke Siew Fook.