News about MRT

Construction sector Downgrade to neutral: The surprise election outcome with Pakatan Harapan (PH) winning the election led to a knee-jerk selldown in construction stocks.

KUALA LUMPUR (May 4): CIMB IB Research retained its overweight call on the construction sector and said the key sector risks are execution delays and competition from foreign contractors.

Despite the current property market slowdown, there are still some residential properties in Kuala Lumpur and Selangor that have seen strong transacted price growth in 2017.

Sold for: RM1.

Construction sector  Maintain overweight: The project delivery partner (PDP) contract for the high-speed rail (HSR) Malaysian infrastructure works was split between the YTL Corp-TH Properties and MRCB-Gamuda consortiums.

PETALING JAYA (April 10): Kwasa Land Sdn Bhd has inked an agreement with TSR Capital Bhd to develop a 6.

Construction sector Maintain overweight: High-beta construction stocks were among the least favoured in the first quarter of 2018 (1Q18), with the Kuala Lumpur Construction Index falling 9% year to date (YTD), weighed down by global stock market selldown.

Kepong sounds like a tired old place at the edge of Kuala Lumpur, which many would visit once in a while, lured by its variety of Chinese restaurants and food stalls — some which have been there for generations.

KUALA LUMPUR (March 24): Higher construction work progress and stronger overseas property sales boosted Gamuda Bhd's net profit in its second quarter of financial year 2018 (2QFY18), which grew 27% to RM211.

AWC Bhd (March 8, 83.