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DUNGUN: China and Malaysia resumed construction on a massive "Belt and Road" train project in northern Malaysia on Thursday, after a year-long suspension and following a rare agreement to cut its cost by nearly a third to about $11 billion.
PETALING JAYA: Phase two of the project to rehabilitate the double-track railway lines around the Klang Valley is expected to resume soon at a lower price, with the contract to be re-awarded to the original contractors.
KUALA LUMPUR: JF Apex Research expects Marine & General Bhd, Cahya Mata Sarawak Bhd (CMS), Fajarbaru Builder Group Bhd, Handal Resources Bhd and Serba Dinamik Holdings Bhd are among the stocks to watch on Tuesday.
KUALA LUMPUR: Shares of cement players Lafarge Cement and Tasek rallied on Thursday on the East Coast Rail Link (ECRL) projects while Greatech surged on its trading debut on the ACE Market.
KUALA LUMPUR: Shares of cement maker Lafarge Malaysia Bhd surged to a high of RM4.25, the highest since May last year after AmInvestment Bank has advised minority shareholders to reject YTL Group's takeover offer of RM3.75 a share.
PETALING JAYA: More than 1,000 firms are vying for a share of the 40% civil works portion of the East Coast Rail Link (ECRL) project.
KUALA LUMPUR: A total of 1,321 local firms have submitted their interest in participating in the civil works portion of the East Coast Rail Link (ECRL) project.