KUALA LUMPUR (Dec 10): CGS-CIMB Research sees Gamuda Bhd, IJM Corp Bhd and HSS Engineers Bhd as likely potential front-runners for the Mass Rapid Transit Line 3 (MRT 3) project’s civil work tenders.
KUALA LUMPUR (May 11): The nationwide movement control order (MCO) could take away 0.
KUALA LUMPUR (May 6): Rising Covid-19 cases, the reimplementation of the movement control order or MCO 3.
Implementation of new accounting standards to trim Sime Darby Property FY21-22 earnings by 10%-14% — CGS-CIMB Research
KUALA LUMPUR (Feb 5): The implementation of the IAS 23 borrowing cost accounting standard in Sime Darby Property Bhd's financial year ending Dec 31, 2021 (FY21) is likely to cut its earnings for FY21 to FY22 by 10% to 14%, according to CGS-CIMB Research.
KUALA LUMPUR (Feb 5): The overall potential negative earnings impact of rising steel prices may further weigh on the earnings recovery of contractors as contract awards slow, according to CGS-CIMB Research.
KUALA LUMPUR (Feb 4): Former CIMB Bank Group Bhd chairman Datuk Seri Nazir Razak (pictured) said Tan Sri Tommy Thomas’ assertion that the May 13 riots were due to a coup by Tun Abdul Razak in the former Attorney-General (AG)’s book entitled ‘My Story: Justice in the Wilderness’ is “pure conjecture”.
PETALING JAYA (Jan 18): Uncertainties are looming over the nation’s construction sector as political instability, meshed with the movement control order (MCO) implementation, are dampening the speed of the sector’s recovery, but analysts are seeing some silver linings backed by Budget 2021’s infrastructure allocation.
KUALA LUMPUR (Jan 12): CGS-CIMB expects the second round of movement control order (MCO 2.