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KUALA LUMPUR: Stocks to watch on Thursday include Advancecon Holdings Bhd, Inta Bina Group Bhd, MGB Bhd, LKL International Bhd and Iconic Worldwide Bhd, according to JF Apex Research.
PETALING JAYA: Advancecon Holdings Bhd has been awarded two contracts from China Communications Construction (ECRL) Sdn Bhd worth a total RM80.83mil
KUALA LUMPUR: Advancecon Holdings Bhd announced it has secured two separate contracts worth a total of RM80.8mil from the builder of the East Coast Rail Link (ECRL) project.
KUALA LUMPUR: CGS-CIMB Equities Research remains positive on Sime Darby Property (SDP) and is maintaining its target price (TP) of 85 sen due to its solid balance sheet and strategic land bank.
KUALA LUMPUR: CGS-CIMB Equities Research remains positive on Sime Darby Property and is maintaining its target price of 85 sen due to its solid balance sheet and strategic land bank.
PETALING JAYA: Earnings of local construction companies should start to pick up from the middle of the third quarter onwards as mega projects resume.
KUALA LUMPUR: Malaysia will be revisiting its approaches in infrastructure projects to reduce development gaps between the regions, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed.
PETALING JAYA: Malaysian Government Securities (MGS) yields are expected to remain at current low levels for the remainder of the year compared with last year.
PETALING JAYA: The issuance of government bonds is expected to rise significantly although the corporate bonds market looks less promising due to slower economic activities brought on by Covid-19.
MUAR: Several mega projects that do not require additional funding will be continued to provide economic opportunities as the government seeks to boost the country's economy following COVID-19, Tan Sri Muhyiddin Yassin said.