free float not much in the market...unless boss silent want to privatization, just collect low price in the market. just his own chiew ho hldg already owned 58% not incl his indirect directors....
The division plans to introduce CHY TRUSS DECK system – an innovative product for slab construction, as part of its new manufacturing products under CHY Building Solutions Sdn Bhd (formerly known as CH Yodoform Trading Sdn Bhd) (“CHYBS”). CHY TRUSS DECK is an integrated prefabricated slab structure system that supports in-situ slab construction. CHYBS will be the pioneer manufacturer of Truss Deck in Malaysia. Hence, this product is anticipated to offer favourable margin given its specialised construction and efficiency benefits in building projects. The targeted customer segments include engineering and construction industries. We have formed strategic alliances with a total investment of approximately RM3.5 million. The commencement of the CHY TRUSS DECK production line is currently on schedule and is expected to commence operations in September 2024.
Read the pros of truss deck system. I'm sure rc contractors profit will be reduce over the benefit of this new system as they reduced formwork n propping in construction.
The building construction is suppose to be booming, but this company or the Directors doesn't seem to be able to get their cut in the supply of building materials. Have we got bad Directors?
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Posted by AnaiAnai > 2023-11-28 09:07 | Report Abuse
QR profit drop so can sleep again?