Good news, Master Tec Group has completed stake buy in Sediacom. With Sediacom’s expertise, MTEC surely can deliver more comprehensive infrastructure solutions and secure larger projects.
Master Tec Group’s net profit 3QFY24 grew 3.3% YoY to RM6.0m. Revenue for the quarter rose 20.3% QoQ to RM87.6m, driven by strong demand for low-voltage power cables and consistent growth in both domestic and export markets. Mastec Tec announced a second interim single-tier dividend of 18 sen per share FY24. The dividend will be paid on Dec 16 with an entitlement date set for Dec 3. - New Straits Time
The extension of the Net Energy Metering program until June 2025 is anticipated to drive increased demand for power cables, which is excellent news for Master Tec as it expands into medium-voltage cable manufacturing
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jjtamG
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Posted by jjtamG > 1 month ago | Report Abuse
see Mtec can hold at 1.12 or not... need more volume