<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Jan 16): Builder and property developer Ekovest Bhd saw its share price rose 6.54% on the news that it gets approval on the Duta-Ulu Kelang Expressway Phase-3 (Duke Phase-3) privatisation project.</p></div>

<div class=newsTextDataWrapInner><p>At 4.20pm, Ekovest (fundamental: 2.4; valuation: 0.9) was up 7 sen or 6.54% to RM1.14, with 70,200 shares changing hands.</p></div>

<div class=newsTextDataWrapInner><p>In a filing to Bursa Malaysia yesterday, Ekovest said its wholly-owned subsidiary Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd (Kesturi) has received a letter from the Prime Minister’s Department’s Public Private Partnership Unit (PPPU), approving in principle the proposed privatisation of the Duke Phase-3.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Ekovest managing director Datuk Lim Keng Cheng told The Edge Financial Daily yesterday that the construction of the highway may begin in June next year, with completion in four years.</p></div>

<div class=newsTextDataWrapInner><p><span style="font-size:12px"><em>(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)</em></span></p></div>

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KUALA LUMPUR (Jan 16): Builder and property developer Ekovest Bhd saw its share price rose 6.54% on the news that it gets approval on the Duta-Ulu Kelang Expressway Phase-3 (Duke Phase-3) privatisation project.

At 4.20pm, Ekovest (fundamental: 2.4; valuation: 0.9) was up 7 sen or 6.54% ...

Ekovest rises 6.5% on Duke-3 approval

Shares of YTL Corp Bhd rallied to a new all-time high on Thursday after Hong Leong Investment Bank (HLIB) flagged more upside even after a 42% year-to-date surge.

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KUALA LUMPUR (April 25): Malaysia requires an annual allocation of at least RM10 billion for the next three years, which is crucial to boost water infrastructure amid below-cost tariffs and high wastage, the National Water Services Commission (SPAN) said on Thursday.

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Vietnamese billionaire Pham Nhat Vuong said on Thursday he planned to invest US$1 billion (RM4.78 billion) more from his own fortune into Nasdaq-listed electric vehicle (EV) maker VinFast, and was considering listings for other companies he controls.

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PUTRAJAYA ( April 25): Malaysia’s inflation stayed at 1.8% in March 2024 from a month ago, according to the Department of Statistics Malaysia (DOSM).

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Malaysia is in early discussions with tycoons on opening a casino in Forest City, people familiar with the matter said, in a bid to revive the beleaguered US$100 billion (RM478.35 billion) property project that counts the country’s monarch as one of its shareholders.

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KUALA LUMPUR (April 25): The Employees Provident Fund (EPF) members, who are below 55 years old, will have an Account 3, in addition to the existing two accounts for their retirement savings, starting May 11.

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<p>Malaysia is in early discussions with tycoons on opening a casino in Forest City, people familiar with the matter said, in a bid to revive the beleaguered US$100 billion (RM478.35 billion) property project that counts the country’s monarch as one of its shareholders.</p>


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<p>KUALA LUMPUR (April 25): Agricore CS Holdings Bhd, a food ingredients supplier, has obtained approval from Bursa Malaysia Securities Bhd to list on its ACE Market.</p>


<p>Synergy House Bhd may trend higher after breaking out from its one-week bullish rectangular pattern two sessions ago, to a new all-time high.</p>


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