M+ Online
31st May 2022

Stock Digest - OSK Holdings Bhd - Playing Catchup In Coming Quarters

Occupancy rates at Plaza OSK, Faber Towers and Atria Shopping Gallery remains relatively healthy will generate stable recurring income, while the construction segment will be supported by an outstanding orderbook of RM211.0m (for their ongoing property development projects). With Malaysia transitioning into the endemic phase, we reckon that the industry segment is expected to deliver improvement on the back of smoother construction work progress. We also note that the loan portfolio remains stable at RM906.0m.

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