Time to accumulate construction stocks


KUALA LUMPUR: With Budget 2021 and the 12th Malaysian Plan around the corner, the time may be ripe to accumulate construction counters, says Kenanga Investment Bank Research.

"We think the sector’s appeal to investors will gradually increase as we approach Budget-2021 (on 6th Nov 2020) and 12th Malaysian Plan (Jan 2021) in anticipation of the potential roll-out of mega infrastructure projects namely MRT3, Pan Borneo Sabah, Sabah Sarawak Link Road and potentially HSR.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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