News about George Kent

KUALA LUMPUR (July 13): Shares of Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd were among the most active counters in the morning trade today, as the Pakatan Harapan led-government gave the green light to carry on the light rail transit 3 (LRT3) project yesterday.

KUALA LUMPUR (July 13): Shares in George Kent (Malaysia) Bhd and Malaysian Resources Corp Bhd (MRCB) rallied yesterday after Finance Minister Lim Guan Eng announced that the cabinet had approved the continuation of the light rail transit Line 3 (LRT3) project at a final cost of RM16.

KUALA LUMPUR (July 12): Shares of George Kent (M) Bhd and Malaysian Resources Corp Bhd (MRCB) rose this morning, after the Pakatan Harapan government approved the continuation of the light rail transit 3 (LRT3) project at a final cost of RM16.

KUALA LUMPUR (July 12): The government has decided that Prasarana Malaysia Bhd will not be taking over the light rail transit line 3 (LRT3) project from the appointed project delivery partner (PDP), nor will it be calling it off.

PETALING JAYA (July 10): Almost RM6 billion can be shaved from the cost of the light rail transit line 3 (LRT 3) project if it follows its original design, reported The Star citing sources.

Malaysian Resources Corp Bhd (July 9, 60 sen) Maintain buy with an unchanged target price (TP) of RM1.

KUALA LUMPUR (July 10): Analysts reckon the third light rail transit (LRT3) line in the Klang Valley is not in danger of being dropped despite talk of Putrajaya reviewing the project because of massive cost overruns.

KUALA LUMPUR (July 9): UOB Kay Hian Securities (M) Sdn Bhd believes Malaysian Resources Corp Bhd (MRCB) would not be affected if Prasarana Malaysia Bhd is unable to raise additional funds to complete the construction of the third light rail transit (LRT3), which has reached 10% to-date.

KUALA LUMPUR (July 7): Things between China Communications Construction Co Ltd (CCCC) and its joint-venture (JV) partner George Kent (M) Bhd “is understood to be fraying at the seams because of issues” reported The Edge business weekly in its latest issue.

Gamuda Bhd (March 15, RM5) Maintain buy with a target price (TP) of RM5.