Mgmt has yet to provide an update on Nichia's patent infringement case. Not sure why.

need to sort out GenM's privatization first since ratings downgrade is partly triggered by the move. sort it out, restructure, and list US ops. Use the proceeds from listing to pare down the debt. and lets not forget GenS, and O&G segment will continue to see higher capex in coming years. GenS license periodic review up in 2026 and the review for license renewal in 2027.

honestly, its going to be challenging due to mgmt's poor track records - empire's rpt to genm, poor performing US assets, and halted dividend; pointing to poor shareholder's return.

indeed, Vin. Will probably the same for years to come due to the structural design of KLCI blue chip index and funds/insti preference

not much actions from the owners recently. still waiting for the status of GenM's privatization

thanks to the big boss for the hard work :)

the next contracts that will be awarded by gomen will be related to highway contracts from east malaysia, ECRL related and MRT3. These contracts should be dominating the infra projects headlines in 2026. No idea which one that TRC tendered but 1.8bil worth of projects is quite big of a number :)

copied and paste the previous sharing/discussion in this thread, ncc. (1) the next few months infra contracts announcements from gomen will probably be coming from Penang LRT subcontracts & systems package; highway contracts from east malaysia and ECRL section D package. TRC tendered 1.8bil worth of projects this year and current construction orderbook on hands ~468mil is kinda low (2) The big MRT3 project will probably be awarded second half of next year. Unlikely for TRC to get the main work packages but it is definitely more than qualified and capable to secure sub-packages. Mgmt mentioned that it has tendered more than 1bil worth of gomen projects and current orderbook is slight more than 450mil which will provide earnings visibility for two years excluding property segment. The Ara Sentral Phase 2 property segment should start to see contribution second half 2026.

more to come after this.

finally :) congrats everyone.