CGS turns bullish on Sime Darby amid data centre demand, delayed vehicle tax changes
KUALA LUMPUR (Jan 26): CGS International has turned positive on Sime Darby Bhd, seeing tailwinds supporting the group’s industrial and motor segments.
KUALA LUMPUR (Jan 26): CGS International has turned positive on Sime Darby Bhd, seeing tailwinds supporting the group’s industrial and motor segments.
KUALA LUMPUR (Jan 22): Binastra Corporation Bhd (KL:BNASTRA) has secured a RM742.
KUALA LUMPUR (Jan 16): MN Holdings Bhd (KL:MNHLDG) said it has secured four contracts worth a combined RM122.
KUALA LUMPUR (Jan 16): Binastra Corporation Bhd (KL:BNASTRA) has secured its largest contract to date, following the acceptance of two letters of award worth a combined RM1.
KUALA LUMPUR (Jan 16): Vestland Bhd (KL:VLB), which recently terminated three Selangor affordable housing contracts worth about RM551 million, on Friday said it has secured two new construction contracts totalling RM602 million.
KUALA LUMPUR (Jan 14): Construction outfit TRC Synergy Bhd (KL:TRC) has secured a RM249 million contract to build new complex buildings in Precint 5, Putrajaya.
KUALA LUMPUR (Jan 14): Malaysia’s construction industry is expected to expand at an average annual rate of 4% between 2026 and 2029, supported by sustained public and private investment in housing, oil and gas supply chains, and digital infrastructure, according to the latest Construction Market Insights report by Linesight.
KUALA LUMPUR (Jan 13): Analysts are generally positive on Sunway Bhd’s (KL:SUNWAY) RM11 billion takeover of IJM Corporation Bhd (KL:IJM), citing earnings growth and diversification into infrastructure, though some question the offer price.
The private sector remains a key driver for the non-residential category specifically within data centre (DC) job flows, which grew by 6% to reach RM159.
“His track record includes driving sales growth, strengthening customer relationships and improving operational efficiency.