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Business 01 Jul 2013 | 12:00 AM

RM48.6bil invested in East Coast Economic Region

KUALA LUMPUR: Over RM48.6bil in investments have been committed by local and foreign investors to set up various kinds of industries at the East Coast Economic Region (ECER) which is touted to be the “Klang Valley of the east coast.”

Business 26 Aug 2013 | 1:10 PM

ECER to complete RM30b East Coast Rail Link study by early 2014

KUALA LUMPUR: The East Coast Economic Region (ECER) is expecting to complete the East Coast Rail Link (ECRL) feasibility study at least by early 2014.

Business 27 Aug 2013 | 12:00 AM

Feasibility study on ECRL extended to next year

KUALA LUMPUR: The feasibility study on the RM30bil East Coast Rail Link (ECRL) has been extended, with an expected completion date of at least early-2014.

Business 13 Sep 2013 | 12:00 AM

Construction sector seen positive

PETALING JAYA: Another research house, M&A Securities, has cast a positive long term outlook for the construction sector following the announcement by Prime Minister Datuk Seri Najib Razak to allocate RM160bil for rail-related projects until 2020.

Analyst Reports 16 Nov 2016 | 3:51 AM

Rail is a big theme in 2017

PETALING JAYA: Rail is envisaged to shape up to be a big theme in 2017 within the construction sector, as large-scale projects such as the MRT 2, Gemas-JB double tracking and the East Coast Rail Link (ECRL) are developed, according to CIMB Research.

Property 13 Dec 2016 | 12:00 AM

Busy 2017 for Gamuda with RM28bil MRT2 and township projects

SHAH ALAM: Gamuda Bhd is set to have a busy 2017 as it outlines two major projects with staggering figures, namely the RM28bil Mass Rapid Transit Line 2 (MRT2) project and four townships with an estimated gross development value of RM45bil.

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.

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.

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.

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.