PETALING JAYA: The building of data centres is expected to support local construction activity over the near term, with select stocks in focus for such infrastructure projects.
CIMB Research, which has an unchanged “overweight” recommendation on construction stocks, has retained Gamuda Bhd
and IJM Corp Bhd as its top picks for data centre infrastructure plays, with Southern Score Builders Bhd emerging as a key internal mechanical and engineering (M&E) beneficiary.
