PETALING JAYA: The construction sector may be facing a lull but that does not seem to be putting a damper on the prospects of Powerwell Holdings Bhd
, an electricity distribution product manufacturer.
Powerwell, listed on the ACE Market in January this year, is expecting revenue growth to come from the “replacement market” in Malaysia and from new infrastructure projects abroad, said executive director Ricky Lee. (pic below)
“In Malaysia, the replacement market we are referring to is when a plant needs to update its production line to cater to technology changes or when old buildings replace ventilation systems.
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