Rail theme still main construction sector driver in 2H17

Construction sector Maintain overweight: Public transport operator Prasarana Malaysia Bhd has awarded the light rail vehicle (LRV) package for the light rail transit 3 (LRT3) to a consortium comprising CRRC Zhuzhou Locomotive Co Ltd, Siemens Ltd China, and Tegap Dinamik Sdn Bhd, according to news reports yesterday.

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IJM banking on construction for FY17 growth

SUBANG JAYA (Aug 25): With the outstanding order book at an all-time high and more infrastructure contracts being dished out, IJM Corp Bhd said its construction division can make up for the slowdown in the property business.

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Property counters may be a safer bet

BOTH the Malaysian and Singaporean governments have sent clear signals that the high-speed rail (HSR) linking Kuala Lumpur and the city state will be a reality; it is only a matter of time.

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