Company Overview and News

Construction counters dip as govt retenders MRT2 underground work

2018-10-08 theedgemarkets
KUALA LUMPUR (Oct 8): Construction counters this morning reacted negatively to news of the government's decision to retender MRT2's underground work, after terminating MMC-Gamuda KVMRT Sdn Bhd as the contractor.
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Trading ideas: Econpile, Destini, Sentoria, Dayang

KUALA LUMPUR: Econpile Holdings Bhd , Destini Bhd , Sentoria Group Bhd and Dayang Enterprise Holdings Bhd are among the stocks to watch today, according to JF Apex Research.
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Econpile, Destini, Sentoria, Dayang Enterprise, Telekom Malaysia, Bumi Armada, CIMB, Taliworks, YTL Corp, Pos Malaysia, Genting Malaysia, UMW Holdings, PPB Group, Boustead Holdings and 7-Eleven

2018-08-29 theedgemarkets
KUALA LUMPUR (Aug 29): Based on corporate announcements and news flow today, stocks in focus on Monday (Aug 30) may include Econpile Holdings Bhd, Destini Bhd, Sentoria Group Bhd, Dayang Enterprise Holdings Bhd, Telekom Malaysia Bhd, Bumi Armada Bhd, CIMB Group Holdings Bhd, Taliworks Corp Bhd, YTL Corp Bhd, Pos Malaysia Bhd, Genting Malaysia Bhd, UMW Holdings Bhd, PPB Group Bhd, Boustead Holdings Bhd and 7-Eleven Malaysia Holdings Bhd.
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Econpile bags RM34m job for Gemas-JB rail project

2018-08-29 theedgemarkets
KUALA LUMPUR (Aug 29): Piling and foundation specialist Econpile Holdings Bhd has bagged a RM34.1 million contract from YTL Corp Bhd’s subsidiary Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd to undertake bored piling and pile cap works for a portion of the Gemas-Johor Baru electrified double track rail project.
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CIMB Research: Fewer mega rail jobs in 2019

PETALING JAYA: The cancellation of the East Coast Rail Link (ECRL) may lead to fewer mega rail contracts next year, according to CIMB Research.
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Econpile, Apex Healthcare, Carlsberg, Daibochi, Dialog, Hock Seng Lee, KPJ, Sarawak Plantation, SunCon and Warisan TC

2018-08-16 theedgemarkets
KUALA LUMPUR (Aug 16): Based on corporate announcements and news flow today, stocks in focus tomorrow may include the following: Econpile Holdings Bhd, Apex Healthcare Bhd, Carlsberg Brewery Malaysia Bhd, Daibochi Bhd, Dialog Group Bhd, Hock Seng Lee Bhd, KPJ Healthcare Bhd, Sarawak Plantation Bhd, Sunway Construction Group Bhd and Warisan TC Holdings Bhd. Econpile Holdings Bhd secured a contract worth RM30.
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Econpile bags RM30 mil piling contract

2018-08-16 theedgemarkets
KUALA LUMPUR (Aug 16): Econpile Holdings Bhd has secured a contract worth RM30.1 million to undertake piling and sub-structure works for a development along Jalan Kia Peng.

Econpile sees flow of jobs returning to normal in a year

2018-07-23 theedgemarkets
Pang: Raw materials make up 30% to 40% of total cost, so every 10% drop in raw material cost, it will result in a 2% to 3% growth in our gross margin. Photo by Shahrin Yahya
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Econpile bags RM122mil contract

KUALA LUMPUR: Piling specialist Econpile Holdings Bhd has bagged a bored piling contract worth RM122mil for Phase 2 of Pavilion Damansara Heights.

Atlan Holdings, Rohas Tecnic, N2N Connect, Adventa, Top Glove, Versatile Creative, LPI Capital and Econpile

2018-07-09 theedgemarkets
KUALA LUMPUR (July 9): Based on corporate announcements and news flow today, stocks that will draw some attention on Tuesday (July 10) may include: Atlan Holdings, Rohas Tecnic, N2N Connect, Adventa, Top Glove, Versatile Creative, LPI Capital and Econpile.
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Econpile bags RM122m bored piling contract

2018-07-09 theedgemarkets
KUALA LUMPUR (July 9): Piling and foundation specialist Econpile Holdings Bhd has bagged a RM122 million contract to undertake working bored piles for the proposed Pavilion Damansara Heights (Parcel 2) mixed development at Jalan Damanlela here.
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Rakuten sees return of foreign funds in 4Q18

2018-07-06 theedgemarkets
KUALA LUMPUR: The Malaysian stock market has seen foreign net selling almost on a daily basis since the 14th general election that led to a change of government for the first time in Malaysia’s history, but Rakuten Trade Sdn Bhd is expecting a potential return of foreign funds by the fourth quarter of 2018 (4Q18).
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Rakuten: Outlook remains positive

KUALA LUMPUR: The outlook for the second half of the year remains positive with foreign funds expected to return in the fourth quarter, according to Rakuten Trade head of research Kenny Yee.
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Rakuten Trade's top small cap picks: Econpile, GFM Services, Kelington, Mi Equipment and Straits Inter Logistics

2018-07-05 theedgemarkets
KUALA LUMPUR (July 5): Rakuten Trade Sdn Bhd, a joint venture between Kenanga Investment Bank Bhd and Japan's Rakuten Securities Inc, remains positive on Malaysian stocks despite the heavy selldown seen in the last two months.
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KLCI pares loss, down 0.25% as select blue chips drag

2018-06-13 theedgemarkets
KUALA LUMPUR (June 13): The FBM KLCI pared some of its loss at the midday break today and was down 0.25%, dragged by select blue chips.
PBLOF 7113 5253 BATS TPGVF 4162 AMMHF 1295 7153 2089 7077 5226 1201 PNAGF SPMXF UPBMF 7087 6033 TGLVY PNADF 4588 1015 SPMXY 5819 BSMAF 3719 1818

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