Investors should buy Malaysian builders such as MMC Corp, Gamuda Bhd and Malaysian Resources Corp as construction earnings are at an inflection point with greater visibility, HwangDBS Vickers Research Sdn Bhd said.

A proposed mass rapid transit, if approved by the government, will transform the local construction landscape, HwangDBS said in a report today.

MMC rose to a 25-month high, leading Malaysian builders higher. Shares of MMC gained 2.5 per cent to RM2.84 at 9:44 am local time in Kuala Lumpur, set for its highest level since July 30, 2008.

Malaysian Resources Corp added 3.4 per cent to RM1.82. WCT Bhd climbed 0.7 per cent to RM2.85. -- Bloomberg