News by Isabelle Francis

Ekovest Bhd (KL:EKOVEST) clarified that it had officially concluded its contractual role as the project delivery partner (PDP) for the River of Life project in January 2015, according to a filing with Bursa Malaysia on Monday.

Shares in Tafi Industries Bhd (KL:TAFI) surged to their highest in 18 months on Monday, after the company secured contracts for construction, piling and furniture works worth a combined total of RM207.46 million.

Kenanga Research said real estate investment trusts (REITs) are not the best alternative to holding cash, while reiterating its 'neutral' call on the sector.

The Court of Appeal's decision to overturn a defamation case in favour of CTOS Digital Bhd's (KL:CTOS) unit confirms its legal right to publish credit scores, boosting the group’s credit reporting business, said analysts.

CGS International and Hong Leong Investment Bank (HLIB) said IJM Corp Bhd’s (KL:IJM) recent contract win in the data centre space is strategically significant and could pave the way for many more.

Analysts remain upbeat on Gamuda Bhd (KL:GAMUDA), which recently reported stronger quarterly earnings, given its extensive overseas exposure and substantial order book.

The firm, in a recent report, discussed the implications of AI proliferation for sectors such as telecommunications, real estate, power producers, tech manufacturing and construction.

Shares in GDB Holdings Bhd (KL:GDB) rose to their highest in more than two years in highly active trade, after the construction company announced a contract win worth RM865.66 million.

Talam Transform Bhd's (KL:TALAMT) shares were one of the most active in early trade on Wednesday, gaining half sen or 25% to 2.5 sen, following the demise of its major shareholder Tan Sri Chan Ah Chye.

TAFI Industries Bhd's (KL:TAFI) wholly-owned unit, TA Furniture & Projects Sdn Bhd (TAFPSB) is disposing of one of its industrial premises comprising a factory annexed with a storey office in Muar, Johor for RM12 million.