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Shaping the future of transport sector
A key focus of the NTP is improving railway network.
Cabinet nod paves ways for govt takeover of Gamuda, Litrak highways
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.
Selldown of My EG Services overdone, UOB Kay Hian Research says (Update)
KUALA LUMPUR: The selldown of My EG Services share price on Thursday, where it plunged 11% to close at RM1.25, is unwarranted as there is strong earnings growth ahead, UOB Kay Hian Malaysia Research says.
Franklin Templeton: Investors to maintain cautious outlook on toll roads
KUALA LUMPUR: Investors will maintain a cautious outlook on the toll road sector, due to a lack of details and uncertainties concerning the takeover plans for Gamuda Bhd and PLUS Malaysia Bhd highways, says Franklin Templeton GSC Asset Management Sdn Bhd.
Fitch Solutions: Medical devices industry to gain from trade war
KUALA LUMPUR: Fitch Solutions Macro Research expects Malaysia’s medical devices industry, including gloves, to benefit from the increasingly acrimonious trade war between the US and China.
Fitch Solutions: Malaysia's medical devices sector to gain from trade war
KUALA LUMPUR: Fitch Solutions Macro Research expects Malaysia's medical devices industry, including gloves, to benefit from the increasingly acrimonious trade war between the US and China.
Advancecon bags two contracts worth RM50.5mil
KUALA LUMPUR: Earthworks and civil engineering services specialist, Advancecon Holdings Bhd has bagged two contracts worth RM50.5mil, comprising a RM38.7mil contract in Sarawak and an RM11.8mil in Negri Sembilan, it said.
Gamuda seen as getting fair deal for highways
PETALING JAYA: Gamuda Bhd is seen as getting a fair deal with regard to the disposal of its tolled highways but going forward it will have to search for new businesses with recurring incomes to fill the vacuum.
Extra RM100mil tax from higher income earners
KUALA LUMPUR: The government plans to collect an additional RM100mil from the higher income tax rate for those earning above RM2mil per year, said Finance Minister Lim Guan Eng.
Gamuda valuations have run ahead of fundamentals, says AmInvestment
KUALA LUMPUR: AmInvestment Bank research has maintained its underweight call and forecasts on Gamuda Bhd following the government's Budget 2020 announcement, which yielded no positive surprises.