Gamuda Hits Record High: Analysts Optimistic About Malaysia's Construction Sector

Gamuda announced the securing of an AUD 1.6 billion (MYR 5 billion) contract on Thursday. The stock price has risen by more than 80% since the beginning of the year. Analysts are optimistic about Gamuda's performance and predict that the prospects of Malaysia's construction industry will further improve in the second half of 2024.

ColumnJul 19 05:37 ET

Siab Holdings New Executive Directors Poised For Long-Term Growth

Siab Holdings Berhad (Siab) has appointed Wong Yih Ming, founder and Managing Director of Taghill Projects Sdn. Bhd. (Taghill), Vincent Chu Yee Hong, the Deputy Managing Director of Taghill as the new Executive Directors of the Company effective July 2 and July 15 respectively.

Business TodayJul 15 06:42 ET

Malaysian Shares Extend Gains Amid Positive Global Sentiment; Ocean Fresh Balloons 175% on Ace Market Debut

Malaysian shares extended gains of the previous session to end in the green zone on Thursday, echoing positive global sentiment. The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gaine

MT NewswiresJul 4 05:44 ET

Siab Clinches MYR176 Million Building Works Deal; Shares Jump 7%

Siab Holdings (KLSE:SIAB) unit bagged a deal worth 176.2 million ringgit from Exsim Noordin for main building and infrastructure works for heritage building and services apartments. The project has a

MT NewswiresJul 4 00:14 ET

MY Morning Wrap | SNS Network Technology Secures RM85.52m AI Super Server Order

Stocks to watch: SNS, Go Hub, Mah Sing.

Moomoo News MYJul 3 20:45 ET

Mah Sing, Siab, Naim, Greatech, WCT, Computer Forms, PetDag, MyEG

Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday.

The Edge MarketsJul 3 11:04 ET