Stock Digest - Jaks Resources Bhd - Vietnam Contribution To Cushion Local Weakness

We reckon that the construction segment may continue to see lackluster performance, owing to the absence of relatively large scale replenishment construction projects in the recent years. While the construction sector revival is very much anticipated post state elections and the tabling of Budget 2024 in Malaysia, the elevated building material prices and higher labour cost may keep margins in check.

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