Do NOT Miss Out on This Company with Bonus Issue (Free Warrants)!!

Haily Group Berhad, a Grade 7 contractor registered with the CIDB, has made a name for itself in Malaysia’s construction sector. Since its inception in 2008, the company has completed over 90 building projects, ranging from residential homes to non-residential buildings.

Their strong track record, particularly in maintaining repeat customers such as subsidiaries of publicly listed companies (PLCs) and private developers, has cemented their reputation for quality.

Headquartered in Johor, Haily Group has consistently demonstrated its capability by securing contracts with renowned developers, including AME Elite Consortium Berhad — a Johor-based industrial developer that stands to benefit from the upcoming Forest City development. Haily has also worked with companies like Casabaru Idaman and CREST, further showcasing their diverse project portfolio.

To reward its shareholders, Haily Group has announced a bonus issue of one new share for every share held. Following this, the group will offer free warrants on the basis of one warrant for every two shares held. The warrants, fixed at an exercise price of RM0.26, will have a tenure of three years, providing shareholders with additional value and potential for long-term gains.

This initiative not only rewards current shareholders but is also likely to attract new investors, given the company’s strong fundamentals and positive outlook. The move demonstrates Haily Group’s commitment to delivering value and maintaining shareholder interest in the growing Malaysian construction market.

Haily Group Berhad’s construction arm, Haily Construction Sdn. Bhd., recently secured a substantial RM75.9 million contract from Meridin East Sdn. Bhd. The project involves the construction and completion of 393 units of double-storey terrace houses at Taman Bestari Perdana in Johor Bahru. This contract is another testament to Haily’s ability to win large-scale residential projects, positioning them well for future growth in the booming Johor construction market.

The ongoing growth of Malaysia’s construction industry, especially in Johor, where large-scale developments like Forest City and industrial expansions are taking place, presents significant opportunities for Haily Group Berhad.

The company’s robust project pipeline, combined with its experienced management team and strong relationships with top developers, ensures sustained business growth and the potential for order book replenishment.

As Haily continues to secure new projects and enhance its financial strength, investors are likely to view the company as a solid bet in Malaysia’s construction sector. With strong fundamentals and shareholder rewards in place, Haily Group Berhad is well-positioned for a promising future, both in the stock market and the construction landscape.