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PETALING JAYA: Construction outfit Gamuda Bhd’s leading role in the multi-billion-ringgit transportation infrastructure projects will continue to stand it in good stead among investors.
KUALA LUMPUR: AmInvestment Research is maintaining its Buy call for Gamuda and it is also retaining its forecasts and sum-of-parts based fair value of RM5.96.
PETALING JAYA: China’s introduction of stricter capital outflow controls has raised concerns around the prospects of the country’s outbound direct investment (ODI).
KUALA LUMPUR: AmInvestment Research has an Overweight view on the building materials sector for the next six to 12 months.
TUNE Protect Group’s first quarter 2017 net profit of RM11.9mil came in at 16.1% and 13.4% of Affin Hwang Capital’s and consensus estimates.
KUALA LUMPUR: Gabungan AQRS Bhd quadrupled its net profit to RM16.14mil for its first quarter ended March 31, driven by higher contributions from its construction and property divisions as well as from land sales.
PETALING JAYA: The fall through of the Bandar Malaysia deal involving Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC), the local unit of Beijing-based China Railway Group Ltd, has put the spotlight on other China investments in the country.