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Basically, these kind of developers usually don’t go for huge township projects covering hundreds of acres, but instead, they tend to stick to smaller developments in areas they’re familiar with. Because projects with fewer units that are easier to manage and complete, so margins will be higher too
Gold Li currently has 13 ongoing projects and another 28 in the pipeline, with a total gross development value of around RM855 million. It is a pretty promising property IPO!
MTT Shipping actually sees more upside than downside right now. They’re not directly affected by conflict areas like the Gulf, and interestingly, all the global disruptions are tightening shipping capacity, which in turn helps keep freight rates strong
