IREKA Corp's bullish earnings outlook has led Kenanga Investment Research to initiate a buy call on the stock. The brokerage said Ireka was currently bidding for two Putrajaya contracts worth RM500mil. “We are confident that Ireka will be able to secure RM100mil to RM150mil worth of third party contracts per annum, given its experience in securing both public and private projects,” it said.
IREKA : [Stock Watch] [News]
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
