Healthy project pipeline ahead for construction segment
Construction sector Maintain overweight: According to Construction Industry Development Board statistics, industry contract awards fell 28% quarter-on-quarter (q-o-q) to RM22.
Ekovest gains 1.25% after JV bags RM2.11b highway package
KUALA LUMPUR (Jan 9): Shares of Ekovest Bhd gained 1.
Less job awards but better construction earnings expected
KUALA LUMPUR (Jan 3): The construction sector is expected to remain a bright spot amid the less-than-rosy prospects of the wider domestic and global economies — which are facing a multitude of uncertainties — with better earnings anticipated following the exceptional value of job awards seen last year.
WCT's 2Q net profit up 3.3% on contribution from local construction segment
KUALA LUMPUR (Aug 23): WCT Holdings Bhd has reported a 3.
Two more Pan Borneo Highway contracts awarded
KUALA LUMPUR (July 29): Another two joint ventures (JVs) have clinched contracts under the Pan Borneo Highway project.
Project awards yet to translate into orders for SCH Group
SCH Group Bhd (July 28, 21 sen) Maintain hold with an unchanged target price of 20 sen: SCH Group Bhd registered third quarter of financial year 2016 (3QFY16) net profit of RM700,000, soaring six-fold quarter-on-quarter (q-o-q), but down 66.
