Catalyst for construction stocks


PETALING JAYA: Potential announcements under the 11th Malaysia Plan (11MP), which will be tabled later this month, could see a rise in investor appetite for construction stocks.

Kenanga Research, in an earlier report, noted that under the 11MP, which will be tabled on May 21, construction companies could benefit from affordable housing jobs (PR1MA) as well as rail jobs (Mass Rapid Transit 2 and Light Rail Transit 3).

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