News about George Kent

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.

KUALA LUMPUR (Feb 12): George Kent (Malaysia) Bhd said both the company and Siemens Aktiengesellschaft of Germany and Singapore-based Siemens Pte Ltd (collectively referred to as Siemens) will now work with Alstom, Ferrovie dello Stato Italiane and PORR to prepare a joint offer to bid for the Kuala Lumpur-Singapore high speed rail (HSR) project.

KUALA LUMPUR (Oct 12): Engineering and metering company George Kent (Malaysia) Bhd rose 1.

KUALA LUMPUR (Oct 11): George Kent (Malaysia) Bhd is partnering Siemens Aktiengesellschaft, Germany, and Siemens Pte Ltd, Singapore, for the Kuala Lumpur to Singapore High Speed Rail (HSR) tender.

KUALA LUMPUR (Dec 6): George Kent (M) Bhd’s net profit jumped 96.

George Kent (M) Bhd (Sept 28, RM2.