SINGAPORE (Jan 29): Although it will be a while before the Kuala Lumpur-Singapore High-Speed Rail (HSR) is completed, the stocks of companies expected to participate in its construction have attracted investor attention on the back of ongoing newsflow.

The HSR, which is slated to commence operations in 2026, has seen the cream of the crop of Malaysia’s construction industry bidding for the role of project delivery partner (PDP) for the local portion of the track and as Assets Company (AssetsCo).

On Jan 16, CIMB Investment Bank Research said it was optimistic about YTL Corp’s chances in the tender for the HSR rail operating company (OpCo), which is another component of the HSR structure.

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