Its construction division has ongoing projects with a combined contract sum of RM379 million and the management is expecting to secure further related party contracts this year
Banks and developers are putting their money into constructing new homes as they have faith on the market outlook. So, FIHB will obtain more housing projects in the second half of this year I believe
Could be because they also ventured into RE and got business collaboration with Sunview in the renewable energy projects development in Malaysia a few years ago
FIHB's construction business will continue to be the key growth driver, and with the two new projects secured in the current quarter, the construction division now has ongoing projects with a combined contract sum of RM368 million that will provide earnings visibility to the company.
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Sangranghaeyo
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Posted by Sangranghaeyo > 2023-07-27 11:05 | Report Abuse
Its construction division has ongoing projects with a combined contract sum of RM379 million and the management is expecting to secure further related party contracts this year