PETALING JAYA: GFM Services Bhd
, which will list on Bursa Malaysia today, should benefit from the growth in the Malaysian facilities management market which is projected to grow at an annual compounded growth rate (CAGR) of 8.58% from 2015 to 2020, according to a report by PublicInvest Research.
The report, published last Friday, said that growth is “underpinned by the implementation of large-scale projects and construction industry growth domestically, as well as a renewed focus to improve the life cycle costs of all projects as well as ensuring a clean, safe and healthy environment for the residents of a facility”.
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!
