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

Ahmad Zaki Resources Berhad (KLSE:AZRB) Delivered A Better ROE Than Its Industry

Yahoo FinanceMay 21 19:32 ET

AZRB Is Eyeing a Technical Breakout, Says RHB Retail Research

KUALA LUMPUR (May 15): RHB Retail Research said Ahmad Zaki Resources Bhd (KL:AZRB) is eyeing a technical breakout after testing the 25 sen for the past week, while remaining above the ascending 21-day simple moving average (SMA) line. In a note on Wednesday, the research house said that...

The Edge MarketsMay 14 20:25 ET

Ahmad Zaki Resources Reaches 'Amicable Solution' With Petitioners

Ahmad Zaki Resources (KLSE:AZRB) said it has reached an "amicable solution" with the petitioners as the latter decided to withdraw a winding-up petition against the company. The construction engineeri

MT NewswiresMay 14 00:22 ET

AZRB Set to Trend Higher, Says RHB Retail Research

KUALA LUMPUR (April 9): RHB Retail Research said Ahmad Zaki Resources Bhd is set to trend higher after accelerating its bullish momentum above the recent breakout level of 24.5 sen with strong volume yesterday. In a trading stocks note on Tuesday, the research house said that riding abo...

The Edge MarketsApr 8 20:28 ET

Ahmad Zaki Resources Bags MYR316 Million Renovation Works Deal

Ahmad Zaki Resources (KLSE:AZRB) said its unit Ahmad Zaki secured the deal worth 315.9 million ringgit from the government of Malaysia for upgrading and renovation works for the Abu Bakar Palace in Pa

MT NewswiresApr 3 04:28 ET