AmInvestment downgrades Gamuda, cuts fair value to RM2.20
“Gamuda projects combined sales from the three township projects to almost quadruple to RM1.15 billion in FY19F from a mere RM300 million in FY18."
“Gamuda projects combined sales from the three township projects to almost quadruple to RM1.15 billion in FY19F from a mere RM300 million in FY18."
MIDF Research:Upgrade to buy with a lower target price (TP) of RM2.66.
The goal is to reach 20% of energy creation from renewable sources by 2025.
The charges were read in front of judge Azman Ahmad, who granted bail of RM1 million and set Dec 12 for the case to be mentioned again.
Rosmah and Rizal both pleaded not guilty to all charges. Both were granted bail of RM1 million, of which half is to be paid today and the remainder in seven days' time.
In fact, FundMyHome actually reduces debt rather than increase debt.
The project in the spotlight involves installation of solar panels to 369 schools in rural Sarawak. It was allegedly signed off by Najib to a Bintulu-based car rental company, without going through an open tender process.
It was widely reported that Tengku Adnan would face charges in relation to dubious land transactions between DBKL and Yayasan Wilayah Persekutuan (YWP), in which he was previously chairman.
AmInvestment Bank: We believe SunCon is mitigated by its substantial order backlog that should keep it busy over the next one to two years.
CGSCIMB Research: Maintain hold with an unchanged target price of RM7.83