RHB Investment initiates coverage on Ranhill Utilities with 'buy' call

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.

Uncertainties may weigh on markets, PublicInvest Research says

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.

Higher infra spending to benefit Gamuda, IJM and SunCon

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.

Malakoff's RE land purchase looks positive, but pricey

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.

Malakoff plans waste-to-energy foray, buys land

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.

TNB Kedah solar plant ahead of schedule

Here’s what investors with US$3.4tril are buying during Covid

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.

TNB’s Bukit Selambau solar project commissioned, ahead of schedule

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.

Malakoff plans waste-to-energy foray, buys Melaka land for RM150m

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.

RAM assigns green benefit ratings to Cagamas sukuk

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.