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KUALA LUMPUR: RHB Investment Bank has initiated coverage on Ranhill Utilities Bhd with a "buy" call on attractive valuations, a stable revenue stream and potential future upsides from investments overseas.
KUALA LUMPUR: Heightened levels of uncertainty on the political scene are likely to be the order of the day again after Opposition leader Datuk Seri Anwar Ibrahim claims he has a “strong, formidable majority” to form a new Federal Government, PublicInvest Research says.
KUALA LUMPUR: Alliance DBS Research expects the government to increase infrastructure spending in the Budget 2021 proposals in November and this move will benefit Gamuda, IJM Corp and Sunway Construction.
KUALA LUMPUR: Malakoff Bhd's recent proposed acquisition of about 71.44ha of freehold land from Eksklusif Pesona Sdn Bhd comes with a steep price tag as compared to the average plantation land cost in Malaysia, says PublicInvest Research.
KUALA LUMPUR: Malakoff Corp Bhd is planning to venture into waste-to-energy biogas and biomass power plants after buying 71.44ha of land in Alor Gajah, Melaka, for RM150mil.
SINGAPORE: Oil pipelines, hotels, convenience stores and automaker bonds are among the assets being bought by some of the world’s biggest asset managers as they look for value in a world thrown into turmoil by the coronavirus pandemic.
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has successfully commenced operation of its second large scale solar (LSS) project, in Bukit Selambau, Kedah (LSS Bukit Selambau) on 8th September 2020, 114 days ahead of schedule.
KUALA LUMPUR: Malakoff Corporation Bhd is planning to venture into waste-to-energy biogas and biomass power plants with the purchase of 71.44ha of land in Alor Gajah district, Melaka for RM150mil.
KUALA LUMPUR: RAM Sustainability Sdn Bhd has assigned environmental benefit (EB) ratings to the proposed Asean sustainability bonds/SRI sukuk, which will be issued under Cagamas Bhd’s RM60bil medium-term notes and Islamic medium-term notes programme.