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KUALA LUMPUR: AmResearch has maintained its Buy call on Kimlun but with a lower fair value of RM2.52 from RM2.77 as it continues to like the group as a proxy to construction activities within Johor as well as MRT jobs in Klang Valley and Singapore.
JOHOR BARU: The Johor police contingent’s motorcycle patrol unit (URB) received a shot in the arm after getting 51 additional units of high-powered motorcycles for their operations.
KUAla LUMPUR: Alam Maritim Resources Bhd hopes to capture a bigger slice of the RM2bil market for underwater inspection, repair and maintenance (IRM) work with the planned acquisition of a US$80mil (RM262mil) modern diving support ship.
PETALING JAYA: Eastern & Oriental Bhd (E&O) has taken another step in realising the development of phase two of its Seri Tanjung Pinang (STP) project in Penang.