Mainstream
JAKS aspires to be infrastructure player
Lim Cian Yai | 07 Jul 2017 00:30
Things are looking up for construction and infrastructure outfit JAKS Resources Bhd after a disappointing FY16.

The company’s share price appreciated by about 43% year-to-date (ytd) and it has set its sights on becoming a major infrastructure player.

CEO Ang Lam Poah tells FocusM he wants the public to see the company become a big infrastructure player like the YTL Group.

He also hopes the transformation will raise the company’s valuation. Generally, the market value of a company fluctuates but is based on factors such as the sector it operates in, financial performance, debt level and broad market sentiment.

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