Affin Hwang Capital cuts construction sector to Underweight

KUALA LUMPUR (Feb 25): Affin Hwang Capital Research has downgraded the construction sector to “Underweight” from Overweight amidst the political uncertainties following the resignation of Prime Minister (PM) Tun Dr Mahathir Mohamad (and his re-appointment as interim PM).

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‘Not all Chinese companies are the same’

KUALA LUMPUR (Feb 24): While some China construction firms are creating a bad reputation in the local construction industry with shoddy workmanship and tardy deliveries, MCC Overseas (M) Sdn Bhd (MCCOM), a Chinese state-owned entity, hopes Malaysians will not tar every China-based construction company with the same brush.

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