Take you to quickly get to know an established infrastructure provider, Ekovest
Established in 1985, Ekovest is an integrated infrastructure developer, covering civil engineering, construction contracting, project management, and catering business. It has participated in large-scale development projects such as KLIA, CNPC Twin Peak Tower, UMS, UTHM, and Danga Bay. The founder, Tan Sri Ling Ganghe, is also the main director of Iwcity, Pls, and Knusfor, and is collectively known by the market as the “Lin Ganghe Concept Stock”
Since receiving the order from Duke Avenue, the Group's performance has advanced by leaps and bounds, and has continued to set new records since listing in 2015. A number of large-scale development projects were promoted during the administration of the sixth Prime Minister Dato' Serinaghi, and Ekovest is one of these projects. Xinrou Express is the main contractor of Xinrou Express and a potential partner of the Longxin High Speed Rail. Another sister company, Iwcity, was a major participant in the Malaysia City Plan. These two companies can be said to be the big winners at the time
Later, due to the change of government, projects were shelved or cancelled one after another. Coupled with the double impact of the pandemic, performance and stock prices fell into a slump. Policy is the biggest key to China's infrastructure development. With the stabilization of the Anwar administration, the market is expecting more development provisions in the 2024 financial plan, including the restart of large-scale projects, so as to speed up the recovery of the infrastructure sector and drive the development of the domestic economy
As a result, many representatives expressed their optimism in advance, and stock prices broke through new highs throughout the year, including Ekovest. Assuming the Longxin High Speed Rail is restarted as desired, would you invest in this potential beneficiary? Welcome to leave a message to tell me your opinion
Since receiving the order from Duke Avenue, the Group's performance has advanced by leaps and bounds, and has continued to set new records since listing in 2015. A number of large-scale development projects were promoted during the administration of the sixth Prime Minister Dato' Serinaghi, and Ekovest is one of these projects. Xinrou Express is the main contractor of Xinrou Express and a potential partner of the Longxin High Speed Rail. Another sister company, Iwcity, was a major participant in the Malaysia City Plan. These two companies can be said to be the big winners at the time
Later, due to the change of government, projects were shelved or cancelled one after another. Coupled with the double impact of the pandemic, performance and stock prices fell into a slump. Policy is the biggest key to China's infrastructure development. With the stabilization of the Anwar administration, the market is expecting more development provisions in the 2024 financial plan, including the restart of large-scale projects, so as to speed up the recovery of the infrastructure sector and drive the development of the domestic economy
As a result, many representatives expressed their optimism in advance, and stock prices broke through new highs throughout the year, including Ekovest. Assuming the Longxin High Speed Rail is restarted as desired, would you invest in this potential beneficiary? Welcome to leave a message to tell me your opinion
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