Faced with a prolonged downtrend in steep prices, Hiap Teck Venture Bhd has turned its focus to streamlining operations and optimising costs.
However, the group said its downstream manufacturing and scaffolding businesses together with contributions form the upstream joint venture are expected to contribute positively to the overall performance of the group in the coming quarter.
In the fourth financial quarter ended July 31, 2024, the ...

Join us in the group chat IPO MY.
1. Price at PE very very much lesser than median peer(s) and sector.
2. ACE market is better.
3. No MITI offer. Lower free float on listing day better.
4. Lower or no Offer for Sale.
5. Technology sector or sunrise industry preferable.
6. Very cautious for enlarged shares more than 800 million units.
7. Dividend policy is icing on the cake.
Subscribe at your own risk. #SAYOR

As of Wednesday's close, the Aerospace & Defense sector has risen 16.4% year-to-date, closely matching the $S&P 500 Index (.SPX.US)$ 's 15.7% gain.
Notably, six of the top ten market cap stocks have significantly outperformed the S&P 500, each surging by 29% or more. Five of these six stocks hit record highs last month.
The aerospace sector, previously hit hard by the Boeing 737 Max crashes and COVID-19 travel restrictions, has...