PETALING JAYA: Inta Bina Group Bhd
’s near-term outlook remains bright, buoyed by its strong order book, robust tender pipeline, and recovery in the property market, analysts say.
TA Research in a note said it remains positive of the construction firm’s near term outlook.
This is underpinned by a solid RM1.7bil order book and a robust RM4.5bil tender pipeline with healthy conversion prospects supported by strong developer relationships and the ongoing property market recovery, the research house said.
Following a recent meeting with the company’s management, the research house said the company remains confident of meeting its full-year targets, backed by a tender pipeline of about RM4.5bil, largely comprising property-development projects from established developers like Eco World Development Group Bhd, Gamuda Land, Sime Darby Property Bhd, Tropicana Corp Bhd and others.
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