Ahmad Zaki Resources Bhd is principally engaged in investment holding, providing management services and operating as a contractor of civil and structural works. Its business segments consist of Construction, Oil and gas, Plantation and Property.

The Construction segment is involved in the development of civil and structural works. Its Oil and gas segment deals in marine fuels, lubricants, and petroleum-based products. The company’s Plantation segment manufactures oil palm. Its Property segment comprises of property development, hotel operation, and facilities management. The company’s geographical area of operations includes countries like Malaysia, Republic of Indonesia, India, and Kingdom of Saudi Arabia.

As the improvement of CPO, Crude Oil and the lifting of MCO, the outlook of AZRB is getting better and better. On sept 2, the company had signed the contract as the main contractor of ECRL. It is also believe that AZRB will also become one of the main contractor for Spore-Malaysia HSR.

Recent share acquired by the group MD had proved that the management is putting more confident to the company.

Particulars of Director

Details of changes

Acquisition from the open market

Deemed Interest

Changes in Director's Interest (Section 219 of CA 2016)

Information Compiled By KLSE

Particulars of Director

Details of changes

Acquisition from the open market

Direct Interest

Last month the share price was 0.20. Now it has increased to 0.25. An increase of 20%.

My recommendation is to buy some and hold for long term.

Strong likelihood it will go up to 0.35.