Stock Digest - OCK Group Bhd - Towering Results

As at FY22, OCK owns and manages over 5,300 telco sites across Vietnam, Myanmar, and Malaysia that will provide recurring income stream over the long term. We expect the group to register more than 5,500 telco sites in FY23f. As of end-FY22, tenancy ratio across each geographical segment remains stable with Malaysia (1.2x), Myanmar (1.4x) and Vietnam at (1.3x) that will generate long term sustainable income.