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The research house said Kerjaya’s new order wins would remain largely from internal projects, comprising circa 60% of its RM1.

In a technical tracker note on Friday, the research house, which has a “trading buy” rating on Econpile, said construction activities are poised for sustained growth in 2024, with the Ministry of Finance forecasting a 6.

Spanning 25,083 square meters, the facility, which began operations in October 2023, manufactures cable tie products.

The legal action was initiated by Kumpulan Jetson last December after the group turned down the requisition notice on the grounds that the 10 shareholders did not collectively hold at least 10% of the group's shares on the day of the request.

Ageson previously changed its financial year end from June 30, 2022 to Dec 31, 2022, to provide adequate time for new auditors to complete the audit.

“Another thing we are suggesting is that when you file income tax, the number of houses you have bought will be automatically stipulated in your income tax form.

The land was sold to Digital Hyperspace Malaysia Sdn Bhd (DHM) at a record RM138 per sq ft, marking AME Elite's first deal in the data centre segment.

The lands are all located in I-TechValley within Phase 3 of the Southern Industrial and Logistics Clusters (SILC) in Iskandar Puteri.

“P5 sets the stage for ATech (Aurelius) to introduce advanced manufacturing capabilities targeted for automotive components and advanced Internet of Things (IoT) applications,” said BCM in a statement on Monday.

Shares of AME Elite were last traded at RM1.