Stock Digest - OCK Group Bhd - Within Expectations

Moving forward, the progressive 5G services rollout by Digital Nasional Berhad (DNB) to target 36.0% of high-density areas including in major cities in Johor, Selangor, Penang, Sabah and Sarawak in 2022 is largely on track. This will provide an opportunity for OCK to tap into the deployment of 4,000-5,000 5G telecommunication sites in 2022. Meanwhile, OCK’s outstanding orderbook of RM280.0m will keep the group busy over the next 2 years.