Divine's comment on CGB. All Comments
Divine
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Budget 2027 looks quite positive for CGB, especially with Sabah allocation increasing to RM18.7b and more funding for road infrastructure.
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Ying Fern Khoo
Next year might get more contracts from East Malaysia 馃榾
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Pepo
CGB already has experience in Sabah water and road projects, so hopefully can secure more contracts from this
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Divine
no worries their tenderbook still very high
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Lemonpie
yep still gt 5.59bil of active tenderbook
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Kim Fatt Tham
What is their success rate in tendering?
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Lemonpie
winning rate expectation of roughly 9% to 11% by contract value
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Divine
they gt high tenderbook but also need to see whether they gt money to fund the project also
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Clovis Lee
That鈥檚 why they proposed a RM500mil Sukuk Mudharabah programme : )
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Lemonpie
yeah the sukuk is used for funding those projects
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KAMMALAKAREN MUNUSAMY
really a lanjau counter ,, 3 years ,till today can鈥檛 climb
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Divine
bro not chill enough
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Divine
need to be patient
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