The construction industry is expected to register an annual average growth of 6.2% between 2023 and 2026, driven by investment in large-scale transport and energy projects according to the Globaldata
Aneka Jaringan Holdings Bhd has bagged a RM30.28 million contract for bored piling works related to a serviced apartment and office project located in Bandar Melaka. The contract will commence on May 2, 2023 and shall be completed on Jan 1, 2024.
Construction player Aneka Jaringan Holdings Bhd (AJHB) will focus on growing the capacity of its Indonesian subsidiary PT Aneka Jaringan Indonesia (PTAJI) and also push its renewable energy venture in the country as a new source of revenue. Managing director Pang Tse Fui said the company has ventured into Indonesia's renewable energy market through PT Sam Anergi Indonesia, a joint venture (JV) between AJHB and Samaiden Group Bhd (SGB). (NST)
"We are anticipating the announcement of contracts for the RM45 billion MRT Line 3 project around the middle of this year while for the Indonesian operations, we will continue to invest and grow our market presence there by increasing our capacity via the acquisition of new machinery," he said.
To date Aneka has secured a total of RM111.55 million in new projects which includes the most recently secured projects this month. Don't worry, there will be an improvement in their next quarterly result
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
KylieTan
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Posted by KylieTan > 2023-04-17 17:11 | Report Abuse
Still holding tight and await 20 cents