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MMC FY20 net profit up 47% to RM375m
KUALA LUMPUR: MMC Corporation Bhd recorded a strong set of results with net profit at RM375.29mil in the financial year ended Dec 31, 2020 boosted by its port and its construction operations.
Trading ideas: Serba Dinamik, Kelington, Ecobuilt, Milux, GHL, Genetec
KUALA LUMPUR: JF Apex Research expects Serba Dinamik Holdings Bhd, Kelington Group Bhd, Ecobuilt Holdings Bhd, Milux Corp Bhd, GHL Systems Bhd and Genetec Technology Bhd to be among the stocks to watch on Tuesday.
Opal Horizon in conditional S&P agreement
PETALING JAYA: EcoFirst Consolidated Bhd’s wholly-owned subsidiary Opal Horizon Sdn Bhd has entered into a conditional sale and purchase agreement with Radiant Nature Sdn Bhd to acquire seven parcels of land in Mukim Sungai Buloh for RM70mil.
Blessing in disguise
ON new years’ eve last year, Malaysia finally allowed the KL-Singapore High Speed Rail (HSR) project to be automatically terminated as both sides could not come to an agreement on certain changes that were requested by Malaysia.
AWC bags RM4mil job under MRT2
PETALING JAYA: AWC Bhd’s unit has been awarded a contract worth RM4mil for the supply of rail grinding services at phase one mainline for the Mass Rapid Transit Line 2: Sungai Buloh – Serdang – Putrajaya project.
Top Glove to continue share buyback trend
Net cash position of RM3.4bil augurs well for expansion
Gamuda aims for RM10bil order book for 2021
Penang island reclamation, Aussie rail projects targets
Gamuda aims to secure RM10bil tender from Australia, Penang in 2021
KUALA LUMPUR: Gamuda Bhd is aiming to secure RM10 billion worth of order book in 2021, deriving from Penang’s reclamation jobs and Australia’s rail projects.
HSS aims to be part of Sarawak’s growth story
PETALING JAYA: HSS Engineers Bhd’s net profit for its third quarter ended Sept 30,2020 rose to RM2.79mil from RM874,000 in the previous corresponding period, on the back of higher revenue contribution from major ongoing projects.
