Cautious approach: A construction site in Kuala Lumpur. The sector is further subjected to higher operating risks. ─ Bloomberg
PETALING JAYA: All eyes will be on the outlook of the local construction sector as the tabling of the 12th Malaysia Plan (12MP) hangs in the balance due to the declaration of the nationwide state of emergency until Aug 1.
In light of this, AmInvestment Bank Research has an “underweight” outlook for the local construction sector over the next six to 12 months.
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