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103718215 Private ID: 103718215
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    MClean Technology Berhad (KLSE: MCLEAN) has made an important move by acquiring WeTital Engineering (WTE), a recognised player in the plastic injection moulding industry.
    With a strong foothold in the electronics and automotive sectors, WTE brings complementary strengths that will propel MClean into a new era of diversification and growth.
    The addition of WTE into MClean’s operations is expected to significantly enhance the Group’s c...
    A Serious Note on MClean Technology Berhad’s Latest Acquisition
    Results Review
    – Excluding one-off expenses totaling RM5.6mn, KERJAYA’s 9MFY24 core earnings of RM122.3mn met ours and the street’s expectations, accounting for 71.9% and 73.6% of ours and the consensus’ full-year estimates, respectively.
    – A third interim dividend of 3.0sen/share and a special dividend of 4.0sen/share were declared, bringing the YTD dividend to 12.0sen/share (9MFY23: 6.0sen/share).
    – YoY, 9MFY24 revenue and core earnin...
    Executive Summary
    • Solid Q3 Results: OCR recorded RM9.94 million in revenue and RM628,000 profit before tax, driven by ongoing property development projects.
    • Affordable Housing Focus: The launch of Residensi Akasia under Rumah Selangorku, with a GDV of RM287.1 million, signals a strategic pivot to high-demand affordable housing.
    • Future Growth: With strong fundamentals and alignment with national housing priorities, OCR is positioned for...
    OCR Group Berhad: Steady Growth and Promising Prospects
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