Econpile Secures RM53.99 Mln Penang LRT Construction Project
KUALA LUMPUR, Sept 8 (Bernama) -- Econpile Holdings Bhd’s (Econpile) wholly owned subsidiary, Econpile (M) Sdn Bhd, has secured a RM53.99 million Penang LRT construction project.
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Bursa Malaysia Opens Higher Ahead Of BNM Rate Decision
KUALA LUMPUR, Sept 4 (Bernama) -- Bursa Malaysia opened higher on Thursday as investors awaited Bank Negara Malaysia’s (BNM) interest rate decision, with most expecting policymakers to leave the overnight policy rate (OPR) unchanged at 2.75 per cent.
Bursa Malaysia Edges Higher At Midday On Bargain Hunting
KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia remained in positive territory at midday, lifted by bargain hunting in consumer products, financial and utilities heavyweights following yesterday’s sell-off, a dealer said.
Gamuda Shares Up On SD Guthrie Collaboration, Contribution To Trickle In From 2028/29
KUALA LUMPUR, Aug 20 (Bernama) -- Gamuda Bhd shares went up in today’s early trading session after the group announced its collaboration with SD Guthrie Bhd to develop, own and operate solar power assets, including energy storage systems, with a combined target capacity of 1.2 gigawatts (GWs).
CIMB Securities: Water Tariff Revision Opens Path For Investment, Private Funding Still Needed
KUALA LUMPUR, Aug 5 (Bernama) -- Malaysia’s water sector still requires alternative funding schemes involving the private sector to reduce the federal government’s financial burden despite the ongoing review of water tariffs in selected states.
Construction Shares Up In Early Trade, Boosted By Major Projects Under 13MP
KUALA LUMPUR, Aug 1 (Bernama) -- Construction-related stocks on Bursa Malaysia increased in early trade today, boosted by projects planned by the government under the 13th Malaysia Plan (13MP).
RM430 Bln Under 13MP To Boost Malaysia’s Construction, Infrastructure Sectors - CIMB
KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s construction and infrastructure sectors are set to benefit significantly from the 13th Malaysia Plan (13MP), which allocates RM430 billion for development expenditure (DE) from 2026 to 2030, according to CIMB Investment Bank Bhd.
Bursa Malaysia Higher At Midday, Buoyed By Buying Activities
KUALA LUMPUR, July 18 (Bernama) -- Bursa Malaysia stayed higher at midday, driven by consistent buying activities in selected heavyweights, led by the construction, industrial products and services, and financial services counters.
Bursa Malaysia Opens Higher, Tracking Wall Street's Positive Performance
KUALA LUMPUR, July 18 (Bernama) -- Bursa Malaysia opened higher today, tracking Wall Street’s overnight positive performance, boosted by improved economic data and quarterly earnings reports that exceeded consensus expectations.
Bursa Malaysia Ends At Day's Low, FBM KLCI Down 0.79 Pct
KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia ended at an intraday low today due to persistent selling in selected heavyweights, led by the financial services and construction sectors.
Construction Sector To See Data Centre Contracts Award Upswing In 2H -- HLIB
KUALA LUMPUR, July 11 (Bernama) -- Malaysia’s construction sector is forecast to see a data centre (DC) award cycle in the second half of the year, driven by multiple contract decisions on tenders submitted in the first half of 2025 (1H 2025), according to Hong Leong Investment Bank Bhd (HLIB).
CIMB Sees SPAN Water Shift Boosting Contractors, Pipe Firms
KUALA LUMPUR, July 8 (Bernama) -- CIMB Securities Sdn Bhd expects spillover opportunities for contractors and pipe suppliers if the National Water Services Commission's (SPAN) call for the data centre industry to shift towards alternative water resources is implemented.