Gamuda Bhd (KL:GAMUDA) and MN Holdings Bhd (KL:MNHLDG) are set to benefit most from RM10 billion worth of upcoming data centre contracts, according to Maybank Investment Bank (Maybank IB), despite concerns over new US AI chip export restrictions.
Kumpulan Kitacon Bhd (KL:KITACON) is expected to see stronger earnings in the second half of 2025 (2HFY2025), as township project developments Bandar Bukit Raja and Elmina reach completion, alongside better margin expansion, according to CGS International.
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