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KUALA LUMPUR: Alliance DBS Research sees the potential selldown of IJM Corporation after the termination from MRCB-George Kent for its RM1.115bil tunneling contract for LRT 3 as an opportunity to Buy.
KUALA LUMPUR: Blue chips wavered in early Wednesday trade, in line with the subdued key Asian market but UWC, which made its debut on the Main Market, was in the limelight.
KUALA LUMPUR: Shares of IJM Corp Bhd fell in early trade Wednesday after its RM1.12bil light rail transit line 3 (LRT 3) contract was terminated.
At PLUS Expressways Bhd’s headquarters at the Subang interchange, the company’s traffic-monitoring centre staff keep a round-the-clock watch on the traffic condition on its highways.
NOTHING seems certain in corporate Malaysia, especially when it comes to contracts on the award of jobs. Some contracts awarded under the previous government that was initially perceived to be up for grabs have been given back to the original contractors.