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mainly due to the escalated building materials, labour costs, higher operating costs and impairment loss on contract assets of RM4.44 million relating to accrual of foreseeable losses for certain projects arising from the higher construction costs and time prolongation costs.
Secured Lenders have been resolved and the Company no longer has default in payment pursuant to Paragraph 9.19A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
Before every stock drop, u drop, now every stock up, u sideway. Now market sentiment much more better liao, when is ur turn to rocket ohhhhh destiniiiiiiiiii
