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KUALA LUMPUR: Affin Hwang Capital Research has upgraded the construction sector from “neutral” to “overweight” as Malaysia Rail Link Sdn Bhd (MRL) will call for tenders for the RM44bil East Coast Rail Link (ECRL) project’s civil works in the fourth quarter of this year.
KUALA LUMPUR: Affin Hwang Capital Research has upgraded the construction sector from Neutral to Overweight as Malaysia Rail Link Sdn Bhd (MRL) will call for tenders for the RM44bil East Coast Rail Link (ECRL) project civil works in 4Q19.
Encouraging more retail investors to put money in equities will enhance market vibrancy.
KUALA LUMPUR: Bursa Malaysia Bhd’s net profit in the first half of financial year 2019 fell to the lowest in five years after the bourse emerged as Asia’s worst performer.
SINGAPORE: Singapore Press Holdings Ltd. is now the worst performer on the MSCI Singapore Index, as shares hover at a 25-year low, after a strategy to diversify into real estate has so far failed to offset sagging earnings from its media business.
British billionaire Sir Richard Branson's space tourism venture is set to go public by year-end and dozens more, including unicorns and tech stocks, are planning to raise funds in the capital markets this year.
SINGAPORE: Singapore’s move to shift the power on delistings in favor of minority shareholders means bidders will need to pay higher premiums to get deals done.