Investment holding company Maintech Resources Berhad (MRB) hopes to see the continuance of measures aimed at growing the domestic economy in the aspects of labour and wages.
It cited there should be a continued roll-out of civil infrastructure projects that has a positive spill over effects across the economy and, for our renewable energy concerns, we hope to see more measures including tax breaks and funding structures for the adoption of greener sources of energy.
Within the confines of our industry or in civil engineering, manufacturing of waterproofing products and renewable energy, Maintech believes that measures in support of the economy will have positive spill over effects for the business sector and this should be encouraged.
On inflationary pressures, they remain cautious for the outlook and have taken their own measures, including being vigilant over capex and spending. We have also placed various cost control measures and we are conserving cash.
Minetech Resources Berhad is an investment holding company, engages in aggregate mining business in Malaysia and internationally.
The company operates through Quarry Products, Civil Engineering, Premix Products, Bituminous Products, and others segments. Additionally, it is involved in the provision of managerial services; rental of machinery; trade of industrial machinery spare parts; property investment and development; wholesale of construction and civil engineering equipment; and solar farm operator businesses.
The company was founded in 1977 and is headquartered in Petaling Jaya, Malaysia.
