Strong footing: The fundamental for the construction sector is still on solid ground, backed by healthy contractors’ outstanding orderbooks that provide visibility for the next two to three years and bright order book replenishment prospects over the medium term.
PETALING JAYA: Kimlun Corp Bhd
, a construction outfit, is believed to be the frontrunner for mass rapid transit two (MRT 2) project awards expected to begin early next year, said Kenanga Research.
The top-pick construction counter for the research house in this final quarter is expected to be the frontrunner for MRT 2 segmental box girder and tunnel lining segment contracts, given its strong track record and expertise in the industrial building system.
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