YTL Corp Bhd and YTL Power International Bhd saw their shares and warrants surge in trading activity as market attention focused on a potential RM4 billion civil works contract for the Penang Light Rail Transit project. The anticipated award of the major contract has sparked increased investor interest in the company's stock, with traders closely monitoring developments related to the LRT project. The Penang LRT is part of a broader infrastructure development initiative aimed at improving public transportation in the state. The project's progress could have significant implications for the companies involved, as well as for the local economy. Investors are now closely watching for official announcements regarding the contract award, which could influence market trends in the coming weeks. (nst.com.my)
