PublicInvest Research has a fair value of 52 sen for HSS Engineers Bhd, an engineering and project management services provider, which is slated for listing on Ace Market on Aug 10.
It said on Thursday the group is raising RM31.9mil from the issuance of 63.8 million new shares.
“Given the backing of a strong and experienced management team, we believe the group is able to replenish its orderbook with the upcoming infrastructure projects such as Pan Borneo Highway, KL-Singapore high speed rail, Penang Transport Master Plan and government’s affordable housing projects.
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It said on Thursday the group is raising RM31.9mil from the issuance of 63.8 million new shares.
“Given the backing of a strong and experienced management team, we believe the group is able to replenish its orderbook with the upcoming infrastructure projects such as Pan Borneo Highway, KL-Singapore high speed rail, Penang Transport Master Plan and government’s affordable housing projects.
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