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Cahya Mata FY17 earnings seen to grow 39%

The jewel of Sarawak conglomerates, Cahya Mata Sarawak Bhd, focuses on a wide range of businesses — cement, construction materials and trading, construction and road maintenance, information and communications technology, property development and strategic investments.

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IWC-IWH merger deal stirs strong market interest

Iskandar Waterfront City Bhd (IWC) shares, which resumed trading yesterday following the announcement that it is merging with its parent Iskandar Waterfront Holdings Bhd (IWH), climbed as much as 10.4% before paring some of the gains to settle at RM1.76 — still up 12 sen or 7.32% compared with its last traded price last Friday.

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