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Malacca Securitiesproject a 3-year earnings CAGR of 9.7%, with core PAT anticipated to reach RM12.9m-RM15.1m over the next three years. This growth is underpinned by:
(i) continuous contracts secured in the construction and data centre industry
(ii) the increasing adoption of intelligent building solutions
(iii) general growth in M&E engineering industry
In case you missed it, West River has also developed its own software platform called the Neutron IoT System to help drive its business expansion and growth
You can get below IPO price coz bumi allotment is under subscribe ,mid to longer term should be OK ! It is just the price was fix too high and market for IPO shares was weak . Good luck .
West River holds the highest-level Class A registration with the Energy Commission (ST) and a top-tier G7 license from the Construction Industry Development Board (CIDB), allowing it to bid for projects of any value
