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Tuesday, March 18, 2014

AZRB expecting RM700-750m in revenue this year (CIMB)

Ahmad Zaki Resources Bhd (AZRB) is expecting RM700-750m in revenue this year, driven by its construction division, said COO Datuk Roslan Jaffar. He said construction projects including the Klang Valley mass rapid transit (MRT), the International Islamic University Malaysia's teaching hospital in Kuantan, Pahang and Permodalan Nasional Bhd's hotel and office tower project in Kuala Lumpur will contribute to its projected higher revenue. Roslan said this year the group is eyeing two projects, one of which is the Langat 2 water treatment plant project in Selangor. (Financial Daily)

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