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KUALA LUMPUR: Alliance DBS Research expects the government to increase infrastructure spending in the Budget 2021 proposals in November and this move will benefit Gamuda, IJM Corp and Sunway Construction.
KUALA LUMPUR: UOB Kay Hian Malaysia Research has cuts is FBM KLCI earnings forecast by 3.4% due to the poor 2Q20 results season but raised its 2021 forecast by 5.5% to largely account for further upgrades of glove makers.
In this final of a four-part Young Leaders Series, Yayasan Khazanah alumni share how they stay connected with each other.
KUALA LUMPUR: JF Apex Research expects Gamuda Bhd, Kumpulan Powernet Bhd, Malayan Banking Bhd (Maybank), Genting Bhd and Telekom Malaysia Bhd to be among the stocks to watch on Friday.
KUALA LUMPUR: Sunway Construction Group Bhd’s (SunCon) unit, Sunway Construction Sdn Bhd (SCSB) has signed an agreement with MRCB George Kent (MRCBGK) for Package GS07-08 of the Light Rail Transit Line 3 (LRT3) project from Bandar Utama to Johan Setia by Prasarana Malaysia Bhd.
Analysts positive on real estate investment trust
KUALA LUMPUR: Stocks to watch on Monday include KNM Group Bhd, Kelington Group Bhd, Malaysian Resources Corp Bhd (MRCB), Pentamaster Corp Bhd and Carlsberg Brewery Malaysia Bhd, according to JF Apex Research.
KUALA LUMPUR: Real estate investment trust MRCB-Quill REIT (MQREIT) has recorded a realised net income and realised earnings per unit of RM38.87mil and 3.63 sen respectively, from Jan 1 to June 30,2020 (1H20), an increase of 8.4% from the corresponding period.