75% of Malton’s revenue comes from property development and the remaining 25% is from construction.

Prospects

As at November 2017 - unbilled sales of RM1.2 billion, which will support earnings for the next three years. Mainly Bukit Jalil City.

Malton’s construction order book stands at RM1.8 billion, having secured six projects, including Pavilion Ceylon Hill, Pavilion Embassy, Pavilion Damansara Heights, Royal Pavilion Hotel and two others.

 Assume annual revenue of RM850m, net profit margin at 10% = RM85m net earnings 

Current market cap at  RM0.53/share is RM282m.

Future Corporate Action

Potential merger with WCT

Executive Directors:

1. Tan Sri Lim Siew Choon
2. Lim Siew Fai
3. Tan Kewi Yong
4. Chua Thian Teck
5. Hong Lay Chuan

Executive Directors' Remuneration: RM7m in 2017