E&O in final negotiations to award reclamation contract
Eastern & Oriental Bhd (Sept 18, RM1.
Analysts see Penang’s transport master plan as catalyst for Gamuda
KUALA LUMPUR: The appointment of the Gamuda Bhd-led consortium as the project delivery partner (PDP) for the RM27 billion transport master plan (TMP) by the Penang state government will be a major catalyst for the stock, which has declined by 14.
AmResearch maintains Buy on Mah Sing with RM2.38 fair value
KUALA LUMPUR (July 30): AmResearch Sdn Bhd has reaffirmed its `Buy’ rating on Mah Sing Group Bhd with an unchanged fair value of RM2.
New investments to support property demand in Penang
Property and infrastructure sector Maintain overweight on infrastructure sector while neutral on property sector.
Three outfits said to be on shortlist for LRT3 PDP
KUALA LUMPUR (June 22): Three outfits — a joint venture between Naza TTDI Sdn Bhd and China’s CSR Zhuzhou Electric Locomotive Co Ltd (Naza TTDI- CSR Zhuzhou JV), a partnership involving Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd (MRCB-George Kent JV), and UEM Group Bhd — are understood to be the front runners for the role of project development partner (PDP) in the proposed RM9 billion third light rail transit line (LRT3).
