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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

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