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Construction 02 May 2017 | 12:00 AM

AllianceDBS: Govt needs PFIs for future big projects

PETALING JAYA: Given the current state of government finances, it will have to resort to private financing initiatives (PFIs) or foreign-based funding for future big projects such as those in the infrastructure or construction space, said AllianceDBS Research in a report.

Analyst Reports 25 Apr 2017 | 1:43 AM

Affin starts coverage on HSS Engineers

KUALA LUMPUR: Affin Hwang Capital has initiated coverage on HSS Engineers with a “buy” call and a target price of RM1.20, giving an upside potential of 29%.

Corporate News 25 Mar 2017 | 12:00 AM

Splash sale in the offing

A NEW offer for Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Splash) could be in the offing, which would be a catalyst for one of its shareholders – Gamuda Bhd.

Business 15 Mar 2017 | 12:52 PM

China doesn’t curb overseas investments among its citizens - envoy

KUANTAN: China does not curb overseas investment among its citizens, including in real estate despite tightening capital controls.

Business 14 Mar 2017 | 12:00 AM

Gamuda and IJM set to gain from East Coast Rail Link project

PETALING JAYA: Contractors Gamuda Bhd and IJM Corp Bhd are set to be the potential beneficiaries of the largest double tracking rail project the East Coast Rail Link (ECRL), due to their strong rail expertise, according to analysts.

Construction 11 Mar 2017 | 12:00 AM

Flushed with construction jobs

TWO big ticket projects that will provide a major boost and a new source of contracts for the local construction sector will likely be the RM8bil Gemas-Johor Baru double tracking line, as well as the RM55bil East Coast Rail Link (ECRL) project.

Business 08 Mar 2017 | 5:46 AM

ECRL project to boost GDP of 3 east coast states by 1.5%

KUALA LUMPUR: The gross domestic product (GDP) of three East Coast states in Peninsular Malaysia is projected to grow by 1.5% at the current rate with the implementation of the East Coast Rail Link (ECRL) project, said Prime Minister Datuk Seri Najib Tun Razak.

Analyst Reports 20 Dec 2016 | 12:00 AM

Gamuda 'buy', AirAsia 'neutral', United Malacca 'outperform'

AMInvestment Bank has maintained its “buy” call, forecasts and sum-of-parts based fair value of RM5.60, which values Gamuda’s construction business at 16 times calendar year 2017 net profit.

Corporate News 19 Dec 2016 | 2:00 AM

AmInvestment Research retains Buy on Gamuda, best proxy to construction sector

KUALA LUMPUR: AmInvestment Research is maintaining its Buy call on Gamuda Bhd with a sum-of-parts based fair value of RM5.60 while it sees the company as the best proxy to the booming construction sector in Malaysia.

Business 15 Dec 2016 | 12:00 AM

Gamuda, IJM and WCT likely to gain from new Malaysia-Singapore rail link

PETALING JAYA: Gamuda Bhd, IJM Corp Bhd and WCT Holdings Bhd are among the domestic frontrunners from the construction industry to benefit from the recently-inked bilateral agreement for the Kuala Lumpur-Singapore high speed rail (HSR) project.