I due diligence this company for this whole day, seems like many of their project beside coming from those Railway project, they also involved in hospital design and building.

. An company hang long history in water meter design , manufacturing and consultation only recent 5-10 years involved in those hospital project etc

definitely get those project through lubang lubang lo.
ok lets see the substantial shareholder.
here is the list of substantial shareholder.
Star Wealth Investment Ltd. 78,999,999 14.0%
Swee Bee Tan 43,610,247 7.74%
Kay Hock Tan 26,886,014 4.77%
Kin Fai International Ltd. 26,687,499 4.74%
Johan Holdings Bhd. 23,589,000 4.19%
Kwok Heng Holdings Ltd. 19,702,607 3.50%
Suncrown Holdings Ltd. 18,272,499 3.24%
M.M. Warburg Bank (Schweiz) AG 11,520,000 2.05%
Bank of Singapore Ltd. 10,852,436 1.93%
Employees Provident Fund 8,782,050 1.56%
since we are not rushing, wait these few days if any substantial shareholder selling , it should be announced which substantial shareholder throwing this beside obviously those retail investor. I guess whill be those foreign institution and most of the retail seller.
today price continue down toward another limit down (currently down ~ 20%), so need extra careful if really want punt this stock. reach to RM0.50 - RM0.80 guess very very likely.

my 2 cents

that's worth more than 2 cents. Thanks for sharing, if you don't mind me asking, where did you find the substantial shareholder list. I was not able to find it yesterday.