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The concern might be the ended concession for water supply in Langkawi this coming
October which contribute to 25% of the segment’s revenue which is not a small number
Plus the company’s market share for its core business is much smaller than Ranhill and other water supply player
Statistics proven Road users for the 2 highways on hand decreased substantially during mco so the coming quarter might hit the profit lower
Despite of that, this company has a strong fundamental