Malaysia’s top construction players, including Gamuda Bhd and IJM Corp Bhd, may see increased opportunities this year as headline job flows in the sector are expected to remain on par with 2024-2025, supporting steady expansion of the industry’s order book. NSTP/SAIFULLIZAN TAMADIKUALA LUMPUR: Malaysia's top construction players, including Gamuda Bhd and IJM Corp Bhd, may see increased opportunities this year as headline job flows in the sector are expected to remain on par with 2024-2025, supporting steady expansion of the industry's order book. Hong Leong Investment Bank Bhd (HLIB) highlighted hyperscale data centres as a key growth driver, with larger campuses potentially taking shape in 2026. The bank is maintaining its "Overweight" stance on the sector for 2026, supported by an ongoing order book expansion phase. HLIB's top sector picks are Gamuda (Buy; target price: RM6.88) and IJM (Buy; target price: RM3.40).

Source: New Strait Times January 07, 2026 06:19 UTC