Quarterly update: Nomura says Malaysia’s construction sector experienced a very high degree of fragmentation.
PETALING JAYA: A disproportionate number of recently awarded packages from the DASH and SUKE highways went to unlisted contractors, posing a new threat to Malaysia-listed construction companies.
In its inaugural quarterly update on the Malaysian construction sector, Nomura Research said that such development raises the possibility of intense competition among existing players.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
