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KUALA LUMPUR: Stocks to watch on Friday include Gadang Holdings Bhd, Vizione Holdings Bhd, Boustead Holdings Bhd and Cypark Resources Bhd, according to JF Apex Research.
PETALING JAYA: Ho Hup Construction Company Bhd has nearly tripled its net profit to RM15.85mil for the first quarter ended March 31,2020, compared to the corresponding quarter last year.This was mainly attributed to higher recognition of revenue from property development, but lower revenue from the construction division
PETALING JAYA: Gadang Holdings Bhd’s wholly-owned subsidiary, Gadang Engineering (M) Sdn Bhd, has accepted contracts valued at RM81.17mil from China Communications Construction Sdn Bhd in respect of the East Coast Rail Link (ECRL) project.
KUALA LUMPUR: Ho Hup Construction Company Bhd, Berjaya Land Bhd (BLand), Tan Chong Motor Holdings Bhd, Southern Steel Bhd and Ann Joo Resources Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
PETALING JAYA: The East Coast Rail Link (ECRL) project has received the approval to start construction works for one third of the project (known as section A) comprising 210.4km from Kota Baru to Dungun.
PETALING JAYA: The construction sector offers little earnings prospects for investors amid the headwinds ahead. Therefore, investors should cherry-pick within the sector, BIMB Securities said in a report.
KUALA LUMPUR: Malaysia Rail Link Sdn Bhd, which oversees the East Coast Rail Link project, plans to sell up to RM1.8bil of Islamic bonds next week
PETALING JAYA: The latest overnight policy rate (OPR) cut is unlikely to have a significant boost on the property sector, given the gross domestic product (GDP) contraction, slowing income trend and Covid-19 disruption, according to CGS-CIMB Research.