ADNEX just secured a RM10.96 million contract to handle the interior design and fit-out works for Hilti Asia IT Services at Sunway Square Corporate Tower 1
https://www.thestar.com.my/business/business-news/2026/07/22/adnex-unit-secures-rm1096mil-interior-design-contract-for-hilti

The upcoming Q2 results should continue to show growth

ADNEX is looking to grow its presence in more locations, especially in East Malaysia, with a stronger focus on Sabah. At the same time, the company is also exploring new opportunities in Penang and Johor

Adnex still has about RM66 million worth of unbilled orders in its order book, which should help provide a pretty steady earnings outlook for FY2026

Obviously he missed the chance to go in when the stock was still cheap

Hybrid work is changing how companies use office space. As a result, there’s ongoing demand for renovations, space optimisation, relocations, and refurbishments, which helps keep interior fit-out services in steady demand over the long run

Adnex is in a strong position to benefit from the growing demand for high-quality office fit-outs, as more Malaysian companies are looking for Grade A and green-certified purpose-built offices, which currently have around 80.8% occupancy

Waiting for the next wave. Hold on tight

Cool, Mercury’s target price has been hit. Now wait for the next wave

ADNEX’s Q4 results are out, and the full-year performance looks pretty solid. The company recorded a record revenue of RM94.27 million with net profit of RM9.22 million for the year. For the latest quarter alone, they also did quite well, posting RM27.14 million in revenue and about RM2.75 million in profit after tax