Two construction firms get go-ahead for listing on Bursa

Affin Hwang Investment Bank Vice President/Head of Retail Research Datuk Dr Nazri Khan Adam Khan said the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) would remain buoyant and touch 1,730.

PETALING JAYA: Two construction companies have received the greenlight from Bursa Malaysia Securities Bhd to go public in the second quarter of this year.

En route to listing on the Main Market of the local exchange is earthworks and civil engineering services specialist Advancecon Holdings Bhd, which has undertaken jobs for various township developments such as Setia EcoHill, Setia Eco Gardens, Eco Majestic and Tropicana Aman.