这个季度产业部盈利下跌，好彩RHB为盈利推上11％还有贷款业务盈利也提升8％贷款组合已到27亿再加上酒店反亏为盈。

Q3产业部盈利下跌蛮多，不过令人振奋的是澳洲的BLVD take-up rate 76%了。盈利贡献会在2027年头建好后才能纳入账内。

Osk 股息再投进来。最后几分钟加了一点1.11 。最后一次加了已分批建仓去别的股息股了。

Congratulate all. Huat ah! Vroom vroom...

Finance sector got loan impairment loss 9.5 million. 这季成长功劳是cable 业务qoq up 60%, 金融月业烂账拖累9.5m.

公司放眼在年杪获得生产高压电缆认证，以应对日益增长的基础设施和电力需求。

此外，与中低压电缆相比，高压电缆的赚幅更高且竞争偏低，因此具有一定的吸引力。

Yup. Ong papa help to push up share prices. Congratulate to all. Yeah! Huat ah!

Strategic expansion into motorcycle financing
On 7 July 2025, OSK announced the acquisition of Wilayah Credit, a motorcycle
financing company, for an effective price of RM3.9m. Wilayah Credit provides
motorcycle financing, with demand driven by the gig economy. This marks OSK’s
second consumer financing product alongside its civil servant financing
business, offering growth and risk diversification. Rather than building from
scratch, OSK gains an established player with dealer networks, operational
expertise, and valuable consumer data to enhance credit assessment, product
tailoring, and risk management. Post-acquisition, OSK can also unlock growth
by leveraging its stronger funding capacity. The effective acquisition price at a
~7.7% premium to net assets is justified by intangible value in customer
relationships and market presence. Maintain BUY with TP of RM2.00 based on a
20% discount to our SOP-derived valuation of RM2.50.

HLIB Research BUY (Maintain)
Target Price: RM2.00
Previously: RM2.00
Current Price: RM1.23

Congratulations to all shareholder.