PETALING JAYA: There is confidence that marine engineering specialist Muhibbah Engineering (M) Bhd will be able to replenish the company’s order book from infrastructure tenders this year.
Despite the optimistic outlook, analysts have mixed views of the stock even though Muhibbah’s 49%-owned subsidiary Muhibbah Engineering Middle East LLC recently won RM438.1mil contract in Qatar to build road and infrastructure works at Um Alhoul Economic Zone (QEZ-3) second phase.
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