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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: Petronas-related shares soared in early trading yesterday after the Court of Appeal moved to dismiss the Sarawak state government and Comptroller of State Sales Tax’s appeal against an earlier decision by the High Court.
With the arrival of a new decade, analysts and fund managers present to StarBizWeek 20 stock picks which they opine will outperform the market.
GEORGE TOWN: The Penang Freight Forwarders Association (PFFA) projects a 5% growth this year for the volume of export cargo handled at Penang International Airport, revising its earlier forecast of contraction.
KUALA LUMPUR: Alliance DBS Research is retaining its Buy rating and sum-of-parts (SOP)-derived target price (TP) of RM4.65 for Gamuda.
KUCHING: Sarawak will build six more hydrogen refuelling stations in major towns to boost the usage of the clean fuel for hydrogen-powered vehicles in efforts to green the transportation sector.
PRIME Minister Tun Dr Mahathir Mohamad’s comment on the petroleum royalty has brought the long-running dilemma back under the spotlight.
KUALA TERENGGANU: The Terengganu state government says it will consider buying a stake in Petroliam Nasional Bhd (Petronas) if it is for a reasonable amount of equity.
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.