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KUCHING: The Pan Borneo Highway project in Sarawak, which is now more than one-third into its construction period, is gaining momentum.
STOCKS of construction companies have been among the counters badly hit post-election due to their association with the previous ruling government and the potential risk of several mega projects being axed.
PETALING JAYA: Shares in Cahya Mata Sarawak Bhd (CMS) extended sharp losses for a second trading day in a row, crashing below the RM2 level for the first time in almost five years, on contract worries.
KUALA LUMPUR: The proprietary day trading and intra-day short selling of Cahya Mata Sarawak Bhd (CMS) was suspended early Monday after the share price fell more than 15 sen or 15% limit.
KUCHING: Cahya Mata Sarawak Bhd (CMS) expects to see a boost to its bottomline with increasing demand for its construction materials from the ongoing Pan Borneo Highway project.
KUALA LUMPUR: Bursa Malaysia ended its most volatile week in years on a slightly firmer note as local institutions put up a stiff resistance to the heavy selling by foreign funds.