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KUALA LUMPUR: The new variants of the Toyota Innova, Fortuner and the upgraded Toyota Hilux are now open for booking as at Friday, says UMW Toyota Motor Sdn Bhd.
KUALA LUMPUR: Affin Hwang Capital Research said Gamuda Bhd will face challenges to replenish its order book following the cancellation of the Kuala Lumpur-Singapore High Speed Rail and Klang Valley MRT Line 3 projects.
CYCLE & Carriage Bintang Bhd (CCB) reported a weak set of results recently. Affin Hwang Capital said CCB’s overall results were below its expectations due to the weaker than expected earnings before interest, tax, depreciation and amortization (ebitda) margin
CGS CIMB stays “neutral” on the telecom sector. It noted that during the June to August 2018 quarter, postpaid market activities were largely quiet. U-Mobile (UM) raised its brand’s visibility with a new RM50 per month unlimited plan.
KUALA LUMPUR: The outlook for the construction sector remains challenging as the federal government is reviewing ongoing infrastructure projects to reduce costs by 20-30%.
KUALA LUMPUR: CIMB Equities Research retains its reduce call for Gamuda Bhd with a lower target (TP) price of RM2.18 compared with its last traded price of RM2.38.
GEORGE TOWN: At least six companies, including two from China, are said to be interested to be part of the expansion of the RM1.2bil Penang International Airport (PIA).