The Group’s Construction division will be focusing on the timely execution and completion of its strong order book in hand of RM6.0 billion, of which RM3.7 billion was secured in FY2024. The projects secured in FY2024 include Shah Alam International Logistic Hub, Johor Bahru-Singapore Rapid Transit System Link Project Package 2A & 2B, East Coast Rail Link Kuantan Port Spurline, an ancillary building for an E&E factory in Kulim and Kuching Urban Transportation System Rembus Depot. Based on the above, the Construction division is expected to register a better performance for FY2025. The property market is expected to remain resilient on the back of a positive economic outlook and consumer sentiment. With its unbilled sales of about RM2.6 billion and a wide array of new property launches lined up in FY2025, the Property division is expected to continue to deliver a strong performance for the new financial year 2025.

With its strong orders in hand and the outlook of new projects being rolled out by both the private and government sectors, the Industry division is expected to maintain a strong performance for FY2025. The Toll division is expected to maintain its performance for FY2025 as its mature highways continue to provide the Group with a strong recurrent revenue and cashflow stream whilst the newer highways are undergoing the gestation period before achieving maturity. The performance of the Port operations is expected to be positive on the back of an expected improvement in bulk cargo volume such as bauxite and silica sand. However, the completion of the equipment upgrade in Kemaman Port may potentially divert some cargo from Kuantan Port. Premised on the above, the Group is expecting to deliver a better performance for FY2025.