Timber demand to surge
According to the World Bank, the global demand for timber will quadruple by 2050 and Malaysia is one of the world's leading suppliers of tropical timber-based products.
‘One thing to note is that, at such expensive valuation, there could be limited room for upside potential... having said that, all this remains speculation at this juncture.’
— Analyst on Leong Hup’s coming relisting
THE ALTERNATIVE VIEW
Removing tolls completely is not possible. A reduction of rates in the future is possible, but the economic returns from institutional reforms are much greater.
— M. Shanmugam
We are always on the lookout for companies with good intrinsic value and potential for synergistic growth.
— Muhibbah Engineering Bhd group finance director Shirleen Lee