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Stock on the Move

Quick take: Gamuda shares boosted by contract win

KUALA LUMPUR: Gamuda Bhd is up over 1.4% in early trade Friday after the company announced it had won a RM521.7mil marine bridge contract in Taiwan.

Analyst Reports

Trading ideas: Gamuda, BHIC, Eco World Development, Mah Sing

KUALA LUMPUR: Gamuda Bhd, Boustead Heavy Industries Corp Bhd (BHIC), Eco World Development Group Bhd, Eco World International Bhd (EWI) and Mah Sing Group Bhd are among the stocks to watch on Friday, according to JF Apex Research.

Analyst Reports

AllianceDBS maintains Buy on Gamuda, TP at RM3.50

KUALA LUMPUR: Gamuda Bhd's announcement of a marine bridge contract worth NTD3,955mil (RM522mil) is an important win for the group, says AllianceDBS research.

Corporate News

Gamuda and Dong-Pi win RM522mil contract

KUALA LUMPUR: Gamuda Bhd and Taiwan’s Dong-Pi Construction Co Ltd have been awarded the construction contract for the Marine Bridge project at Guan Tang in Taiwan by state-owned oil and gas company CPC Corp Taiwan worth RM521.71mil.

Stock on the Move

Ikhmas Jaya shares gain 12% on contract win

KUALA LUMPUR: Shares in Ikhmas Jaya Group Bhd rose 12% in early trade on winning a RM78mil marine bridge subcontract.

Analyst Reports

Trading ideas: Ranhill, Hua Yang, Ikhmas Jaya, Tek Seng

KUALA LUMPUR: JF Apex Research expects Ranhill Holdings Bhd, Hua Yang Bhd, Ikhmas Jaya Group Bhd and Tek Seng Holdings Bhd to be among the stocks to watch following their latest news.


Ikhmas Jaya unit bags RM78mil contract

PETALING JAYA: Ikhmas Jaya Group Bhd has secured a RM78mil contract from Kerjaya Prospek (M) Sdn Bhd for works related to the proposed Seri Tanjung Pinang (Phase 2) development (STP2).

Analyst Reports

Trading ideas: Kerjaya Prospek, AWC, Ekovest, AirAsia, Daya Materials

KUALA LUMPUR: Kerjaya Prospek Group Bhd, AWC Bhd, Ekovest Bhd, AirAsia Group Bhd and Daya Materials Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.


Kerjaya bags RM138.6mil Tanjung Pinang bridge contract

KUALA LUMPUR: Kerjaya Prospek Group Bhd’s wholly-owned subsidiary, Kerjaya Prospek (M) Sdn Bhd, has secured a RM138.6mil marine bridge contract from Tanjung Pinang Development Sdn Bhd (TPD).

Corporate News

Invest Selangor optimistic of drawing RM12b investments

SHAH ALAM: Invest Selangor Bhd (Invest Selangor) is optimistic of drawing in RM12 billion in both domestic and foreign investments this year although the inflow of investments into the state in the first quarter has been a ''bit slow'', said Chief Executive Officer Datuk Hasan Azhari Idris.