Strong orders boost Prinsiptek growth


PRINSIPTEK Corp Bhd, which has applied for its listed status to be transferred from the second to the main board of Bursa Malaysia, expects double-digit growth for the financial year ending Dec 31, 2005, on the back of a strong order book and further development of its land bank. 

“Additionally, we are confident that this year we are likely to benefit from the Government’s initiative to revive the construction industry in the country,” managing director Datuk Foo Chu Jong told StarBiz. 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
InNature diversifies into the F&B industry
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
New capacity in the pipeline
March industrial production index up 2.4%, but below forecast
Data centre – boon or bane?
Perak Corp gets extension

Others Also Read