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KUALA LUMPUR: The positive outlook and “overweight” rating on the construction sector following the rollout of infrastructure projects nationwide continues to lift market sentiment.
KUALA LUMPUR: The positive outlook and overweight ratings in the construction sector following the rollout of infrastructure projects nationwide continued to lift market sentiment.As we enter the second quarter of 2024 (2Q2024), Budget 2024's RM90 billion development expenditure allocation to ...
KUALA LUMPUR: The Bursa Malaysia Construction Index is expected to rise further as a result of the construction of flood mitigation projects in Malaysia, possibly exceeding the levels observed in 2017. According to RHB Research, this is in addition to other ...
Construction companies with a track record in flood mitigation works are poised to benefit as the government aims to expedite flood mitigation projects in the coming months, says RHB Research.
Analysts have maintained an “overweight” rating on the construction sector owing to ongoing government projects such as the Sabah Pan Borneo Highway and flood mitigation works.
KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) and Kimlun Corp are among companies expected to benefit from expedited flood mitigation projects within the construction sector, RHB research said.The research firm said the federal government has allocated about RM11.8 billion ...
KUALA LUMPUR: Stocks to watch on Monday include Perdana Petroleum Bhd, Scientex Bhd, IHH Healthcare Bhd, Barakah Offshore Petroleum Bhd, Yinson Holdings Bhd, Samaiden Group Bhd, Varia Bhd and Top Glove Corp Bhd.
KUALA LUMPUR: Syarikat pembinaan dan pembangunan hartanah, Varia Bhd menandatangani memorandum persefahaman (MoU) dengan Sungai Klang Link Sdn Bhd (SKL) untuk memulakan Projek Lebuh Raya Bertingkat Sungai Klang.Pengarah Urusan Varia, Datuk Benson Lau, berkata kerjasama terbabit bukan sekadar bukti ...
Varia Bhd, formerly known as Stella Holdings Bhd, has signed a Memorandum of Understanding (MOU) with Sungai Klang Link Sdn Bhd to offer its expertise in assisting the preparation, management, control, and execution of works for the proposed Sungai Klang Link (SKL) elevated highway.
KUALA LUMPUR: Varia Bhd has partnered with Sungai Klang Link Sdn Bhd (SKL) to embark on the ambitious Sungai Klang Link Elevated Highway Project. In a statement today, Varia said the partnership aimed at harnessing its extensive construction expertise in ...
KUALA LUMPUR: Varia Bhd has signed a memorandum of understanding (MoU) with Sungai Klang Link Sdn Bhd (SKL) to embark on the Sungai Klang Link Elevated Highway Project.
KUALA LUMPUR: Varia Bhd returned to the black in the third quarter of the financial year 2024 (3Q24) with a net profit of RM2.16 million, compared with a net loss of RM10.58 million a year ago, mainly contributed by the construction ...
VARIA Bhd managing director Datuk Benson Lau Beng Sin and his older brother Datuk Jason Lau Beng Wei, who serves as executive deputy chairman, have big plans for the construction company. Their first order of business is to increase Varia’s market value to RM1 billion in three years from about RM...
KUALA LUMPUR: The trading stock of companies with recent announcements include YNH Property, YTL Power, Lotte Chemical Titan, Irekam, Sunsuria, Varia and Telekom, said Apex Securities Research.