KUALA LUMPUR (Jan 23): Kelington Group Bhd (KL:KGB) is expected to deliver a strong set of results for its 4QFY2025 ended Dec 31, 2025, underpinned by seasonally higher revenue recognition and sustained margins, according to RHB Investment Bank. The group is scheduled to announce its results on Feb 25. “FY2026 is shaping up to be another illustrious year, anchored by Kelington’s outsized tenderbook and orderbook (RM4.6 billion and RM1.6 billion respectively as at 3QFY25)...,” the house said in a note on Friday. On the tender front, RHB acknowledged concerns over the sustainability of Kelington’s tenderbook but cautioned against placing undue emphasis on headline numbers, noting that the pipeline remains dynamic. Separately, the house also noted that the exercise of Kelington’s remaining in-the-money warrants, set to expire in July, could raise about RM141 million, and potentially providing upside risk to dividends.

Source: The Edge Markets January 23, 2026 02:07 UTC