PETALING JAYA: United U-Li Corp Bhd
’s near-term earnings prospects remain strong, underpinned by the boom in construction activities.
There is overwhelming demand for its cable support systems in the private space, which include data centres, warehouses and hospital projects.
Opportunities are also present in the form of impending public-backed mega projects.
These include projects such as the East Coast Rail Link, the Johor Baru-Singapore Rapid Transit System, the Bayan Lepas light rail transit and the mass rapid transit three or MRT3, said Kenanga Research.
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