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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Fighting a ‘grave’ taboo

Location has always been one of the key considerations in ensuring asset value growth and a property neighbouring a cemetery is definitely not the location of choice.

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