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.
CIMB says KL-Singapore HSR 'relevant' to Gamuda, IJM Corp, WCT
KUALA LUMPUR (Dec 14): CIMB Investment Bank Bhd said the Kuala Lumpur-Singapore High Speed Rail (HSR) bilateral agreement was a "milestone" for the project, which would see bids from Malaysian builders.
ECRL shaping up to be big theme for 2017
Construction sector Maintain overweight: According to a news report, Transport Minister Datuk Seri Liow Tiong Lai has cited a change in alignment, a longer tunnel link and a weak ringgit as the reasons for the cost of the East Coast Rail Link (ECRL) project jumping to RM55 billion from RM29 billion.
WCT climbs to two-year high on positive news flow
KUALA LUMPUR (Nov 11): Shares in WCT Holdings Bhd extended gains today and hit a two-year high at RM1.
WCT rises 3.33% on bagging MRT job worth RM896.41 million
KUALA LUMPUR (Nov 10): WCT Holdings Bhd shares rose 3.
WCT’s share price shows positive gap up from its trading range
Maintain neutral recommendation with a target price of RM1.
