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Despite some level of uncertainty still surrounding proposed infrastructure projects in the country, investors in Malaysia’s listed construction firms remain unfazed.
KUALA LUMPUR: Alliance DBS Research is retaining its Buy rating and sum-of-parts (SOP)-derived target price (TP) of RM4.65 for Gamuda.
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.
AFTER several months of uncertainty, the government’s plan to acquire Gamuda Bhd and Lingkaran Trans Kota Holdings Bhd (Litrak) toll highways finally got the nod from the Cabinet - removing a big hurdle.
KUALA LUMPUR: UOB Kay Hian Malaysia Research is retaining its Hold call for Gamuda Bhd and a target price of RM3.65 after its foray into Australia and the government's go-ahead to take over its tolled roads.
KUALA LUMPUR: Strong property sales in Vietnam bolstered Gamuda Bhd’s earnings last quarter and cushioned the impact of lower income from its construction division.
KUALA LUMPUR: Strong property sales in Vietnam bolstered Gamuda Bhd's earnings last quarter and cushioned the impact of lower income from its construction division.
IT is easy to fathom why the project delivery partner (PDP) for the Pan Borneo Highway is unhappy about the termination of its mandate for the RM16.12bil highway project.
GEORGE TOWN: The first of the three islands planned under the Penang South Reclamation (PSR) project is expected to create RM4bil worth of new construction jobs for the industry.
ON the surface of it, the current state of the Malaysian construction sector looks stagnant and appears to be mired in a lot of waiting and bureaucratic hurdles.