External broker reports(aggregated public sources), Hong Leong Investment Bank Berhad

Hong Leong Investment Bank Berhad

Hong Leong Investment Bank Berhad operates as an investment banking company. The Company provides debt and equity funding, private debt securities issuance, merger and acquisitions, initial public offerings, corporate restructuring, and stockbroking services. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>TRC’s FY23 core PATAMI of RM12.7m was within expectations. Unbilled orderbook is decent at RM750m (1.4x cover).</li><li>With infrastructure projects expected to materialise in 2024, TRC could be a beneficiary of this healthier environment.</li><li>Projects we believe TRC will participate in are LRT, MRT3, remaining KUTS packages, road projects in East Malaysia and airport jobs. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

TRC’s FY23 core PATAMI of RM12.7m was within expectations. Unbilled orderbook is decent at RM750m (1.4x cover).With infrastructure projects expected to materialise in 2024, TRC could be a beneficiary of this healthier environment.Projects we believe TRC will participate in are LRT, MRT3, remaining KUTS packages, road projects in East Malaysia and airport jobs. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

TRC Synergy Bhd

TRC Synergy - No Surprises