AQRS Integrating Vertically and Horizontally

Alvin Ng Chun Kooi, CEO and Executive Director of Gabungan AQRS joins us on the breakfast grille to discuss:

- construction order book

- meeting expectations of RM500m of new contract wins

- 40% of 2013 revenue from property development

- allocation of resources between construction and property development

- expectations of property launches totalling RM1.3bn of GDV this year. Only launched RM527m of GDV so far

- profit margins in 2012 half that of 2011

- government funding of infrastructure projects

- Iskandar property bubble?

- being a Klang Valley developer, how they distinguish themselves from the rest in Johor

- impact on free warrants on dilution of earnings

- reaction to target price of RM1.15 set by RBH Research following issue of free warrants

- why share prices peaked on 12 July

- plans to expand into M&E sector and acquisition of 49% stake in SEDCO

- changing minds about venturing overseas