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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 ...
Dayang Enterprise Holdings Bhd’s net profit rose sixfold in the fourth quarter ended Dec 31, 2023 (4QFY2023) to RM93.79 million from RM12.52 million a year ago, continuing its rebound for the third consecutive quarter on improved margins.
A number of companies linked to former Sarawak chief minister Tun Abdul Taib Mahmud saw their share prices slide following his passing early yesterday morning, although a few managed to buck the trend.
KUALA LUMPUR: Former Sarawak governor Tun Abdul Taib Mahmud passed away in Kuala Lumpur early today.Taib, 87, was Sarawak chief minister for 33 years before he became the state's governor until recently.During this time, his family has been involved ...
KUALA LUMPUR: Harga saham sebahagian besar syarikat berkaitan Bekas Yang di-Pertua Negeri Sarawak, Tun Abdul Taib Mahmud, susut hari ini susulan berita pemergian beliau di Kuala Lumpur, pagi ini.Pada penutup sesi dagangan pagi ini, antara kaunter berkenaan adalah seperti ...
Investors were cautious following the demise of former Sarawak governor Tun Abdul Taib Mahmud, who controlled substantial stakes in several companies listed on Bursa Malaysia.