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KUALA LUMPUR: Mega First Corp Bhd, the developer of the Don Sahong hydroelectric plant in Laos, said its project is unaffected by the dam breach incident at a nearby development.
PETALING JAYA: Public Investment Bank Research (PIB Research) has reiterated its “outperform” call on Mega First Corp Bhd, mainly driven by the stronger construction progress at the latter’s Don Sahong Hydropower project in Laos and a downward revision in the total project cost.
KUALA LUMPUR: Blue chips climbed early Monday, underpinned by gains in Public Bank, Tenaga and Genting Bhd, in line with the firmer key Asian markets while US futures were up at the start of trade in the US.
KUALA LUMPUR: Public Investment Bank Research (PIVB) is maintaining its Outperform call with an unchanged target price of RM4.48 for Mega First Corporation Bhd.
SERBA Dinamik has entered into a memorandum of agreement (MoA) to acquire a 40% stake in several subsidiaries held by Maju Holdings Sdn Bhd that have been granted approval to develop hydropower plants with generating capacity totalling 60MW.
SINGAPORE: Malaysian companies with investments or partnerships with Chinese counterparts have seen increased returns, as seen by the out-performance of stocks.
KUALA LUMPUR: Market conditions in Malaysia are still “Good Enough” to warrant continued investments in the local bourse, said PublicInvest Research.