RHB Research retains Overweight on construction sector


KUALA LUMPUR: RHB Research remains Overweight on Malaysia’s construction sector, underpinned by the strong earnings visibility, mainly due to the RM73bil Klang Valley Mass Rapid Transit (KVMRT) project that will keep players busy until 2021.

In its research note issued on Wednesday, it also saw opportunities for players in the public housing segment as well as in Sabah and Sarawak Corridor of Renewable Energy (SCORE).

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