PETALING JAYA: Hiap Teck Venture Bhd
is poised to benefit from the impending rollout of mega infrastructure projects and robust private sector job flows in Malaysia.
Hong Leong Investment Bank (HLIB) Research remained optimistic on the prospects of the company based on those factors, as well as rising capacity utilisation at its 27.3%-owned joint venture (JV) unit Eastern Steel Sdn Bhd’s (ESSB) new blast furnace, which will boost its contribution to Hiap Teck’s bottom line.
