PETALING JAYA: Gabungan AQRS Bhd’s outlook remains resilient as the group will be busy with its ongoing projects in the coming years, well buffered by the downside risks from the public infrastructure space, says RHB Research.
Post-visit to Gabungan AQRS’ light rail transit three (LRT3) project site, the research house said it came away feeling positive in its outlook for the construction and engineering group.
The key earnings drivers post-LRT3 for Gabungan AQRS include the possible formation of new property development joint-ventures (JVs).
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