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On prospects, Lagenda reiterated that it is confident of achieving its RM1 billion sales target by year end, “barring unforeseen delays and with our historical bookings conversion rate of above 90%”.
At end-September, the group had total confirmed sales of RM496 million, with additional total bookings of RM684 million. Unbilled sales stood at RM591 million, which the group said provides strong cash flow visibility.
