Posted by Keyman188 > 2020-02-13 16:56 | Report Abuse

I foresee tomorrow majority construction counters will be active.....

Maybe some stimulus package to boost construction & infrasture sector 1st.....

Posted by newahwong > 2020-02-13 17:01 | Report Abuse

This also need to foresee?

Active is sure one la,either up or down only ma

Posted by Keyman188 > 2020-02-13 17:04 | Report Abuse

Advcon...

AzRB....

Econbhd...

Gadang...

GBGarqs....

GDB...

GKent...

HoHup...

Suncon...


& lain..lain...

Suddenly today active....with positive momentum....

Tomorrow just searching for those not yet active or up then hamtam kuat kuat.....

Posted by Keyman188 > 2020-02-14 08:07 | Report Abuse

Penang Transport Master Plan: Construction work on LRT, PIL, PSR to begin by 4Q 2020

BUTTERWORTH (Feb 13): The Penang Government expects the construction work on the light rail transit (LRT), Pan Island Link (PIL) and Penang South Reclamation (PSR) projects under the Penang Transport Master Plan (PTMP) to begin by the fourth quarter of this year.

Chief Minister Chow Kon Yeow said the State Government and the project delivery partner, SRS Consortium, were now undertaking the vetting process for the projects.

"We, together with SRS Consortium, are hoping to sign the agreement for the projects (soon),” he told reporters after the ground-breaking ceremony for the new building of the Penang chapter of Federation of Malaysian Manufacturers (FMM) here today.

He said construction work was expected to begin either in the early second half or fourth quarter of this year.

He also said the reclaimed land of Gurney Coast will be ready by April.

Asked which of the three projects would begin first, Chow said the State Government was finalising the matter and it would depend on financing.

"Whether it is one after another or all (LRT, PIL and PSR) concurrently, it will depend on the financing," he said.

The proposed LRT will cover 27 stations and 29.9 kilometres (km), running from Komtar to the Penang International Airport, including to the three future reclaimed islands in the south of Penang under the PSR.

The State Government is proposing to reclaim 1,821 hectares of the sea on three man-made islands across south of Penang International Airport towards the east around Permatang Damar Laut, to create a land bank to fund the PTMP.

The PIL1 project is a 19.5km-long toll-free highway alignment from Gurney Drive to Tun Dr Lim Chong Eu Expressway near the Bayan Lepas Free Industrial Zone IV area, consisting of a 7.6km length of viaduct sections, four tunnel sections totalling 10.1km in length and embankment sections of 1.8km.

The PTMP project, estimated to cost RM46 billion, encompasses an undersea tunnel connecting the island to the mainland, highway, LRT, monorail and a bus network on the island and Seberang Perai.


##https://www.theedgemarkets.com/article/penang-transport-master-plan-construction-work-lrt-pil-psr-begin-4q-2020-%E2%80%94-chow

Posted by Keyman188 > 2020-02-14 08:09 | Report Abuse

Today construction counters become spotlight....

Posted by Keyman188 > 2020-02-14 08:10 | Report Abuse

Seeking for more beneficiary....

See which counters still not aggressive move....

Posted by Keyman188 > 2020-02-14 08:33 | Report Abuse

Lai...lai...lai...

See which construction counter can lead market today....

Posted by Keyman188 > 2020-02-14 08:56 | Report Abuse

Lai...lai...lai...

Today let construction counters lead the market...

Let the Bursa market alive.......

Market already depressive....

New blood to boost new live.....

Posted by Keyman188 > 2020-02-14 14:15 | Report Abuse

Construction projects to support economic growth: Affin Hwang

(Bernama / Bernama February 14, 2020 13:08 pm +08)

KUALA LUMPUR (Feb 14): The government will likely accelerate the implementation of construction projects in the second half of 2020 (2H20) to support economic growth in view of external headwinds, says Affin Hwang Capital.

In its securities note today, the research house said that while the government is drawing up an economic stimulus package to counter the negative impact of the Covid-19 outbreak on the domestic economy, the spending will likely focus on helping the small and medium enterprise (SME), manufacturing and tourism sectors, which are affected by the outbreak.

“Nevertheless, the increase in development expenditure allocation by 4% year-on-year to RM56 billion in Budget 2020 and the revival of large-scale infrastructure projects are sufficient to stimulate the construction sector," it said.

The note also said the government will accelerate infrastructure spending in 2020 to support economic growth, similar to prior years with economic stimulus packages to mitigate downturns in 2001, 2003, 2008 and 2009.

The research note cited that in May 2003, the government had announced a RM7.3 billion economic stimulus to mitigate the adverse impact of the Severe Acute Respiratory Syndrome (SARS) outbreak, focusing on supporting private consumption and assisting SMEs and tourism-linked businesses.

Among the large-scale infrastructure projects to be revived, the Johor Bus Rapid Transit, Rail Transit System, and Pan Borneo Highway Sabah projects will likely kick off this year.

Other large-scale projects such as the Klang Valley MRT Line 3, Penang Transport Master Plan and KL-Singapore High Speed Rail could see news flow on a potential revival in 2020.

"We maintain our overweight call on the construction sector, with top buy on Gamuda, SunCon, AQRS and HSS, AME Elite Consortium, Pintaras Jaya and Taliworks," it said.


##https://www.theedgemarkets.com/article/construction-projects-support-economic-growth-affin-hwang