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KUCHING: KKB Engineering Bhd has made a roaring start to 2020 with its oil and gas subsidiary, OceanMight Sdn Bhd, winning two contracts for the fabrication of offshore structures worth a combined RM270mil last week.
KUALA LUMPUR: Analysts remain conservative on Malaysia’s economic growth this year, as renewed Middle East geopolitical tensions have eclipsed the US-China trade deal optimism.
PETALING JAYA: The construction sector should see an uptick in tender news flow during the first half of 2020, which could cast some light on the current mundane scenario in the construction sector
PETALING JAYA: The prospects for companies involved in the construction industry appear to be unexciting as the country steps into 2020.
PETALING JAYA: A combination of factors such as undemanding stock prices, a weak ringgit, low expectations and a renewed push to boost the economy are some of the reasons why stocks on Bursa Malaysia could finally play catch-up to regional peers in 2020.
PETALING JAYA: The Malaysian construction sector, a key harbinger of economic growth, has borne the brunt of weak business sentiment and lack of building jobs in the market.PETALING JAYA: The Malaysian construction sector, a key harbinger of economic growth, has borne the brunt of weak business sentiment and lack of building jobs in the market.
KUCHING: Cahya Mata Sarawak Bhd’s (CMS) subsidiary PPES Works (Sarawak) Sdn Bhd has accepted a performance-based contract for the long-term management and maintenance of about 3,300km of state roads in Sarawak for 10 years.
KUCHING: Hock Seng Lee Bhd (HSL) is hopeful of winning more construction jobs as the Sarawak government has approved huge allocation in 2020 state budget to accelerate infrastructure development statewide.
KUALA LUMPUR: Affin Hwang Capital Research remains Overweight on construction and its top buys are AQRS, Gamuda, Sunway Construction and Pintaras.
Stock Analysis: PETRONAS CHEMICALS GROUP BHD, AXIATA GROUP BHD, AXIATA GROUP BHD, GABUNGAN AQRS BHD, GAS MALAYSIA BHD