Core net profit for 1H'16 in the construction sector fell 14% y.o.y as earnings contribution have yet to trickle down to the bottom line. Chee Wei also expects development expenditure to be maintained in Budget 2017 benefiting construction players. Today's top picks include Gamuda, Sunway Construction, WCT and Gabungan AQRS.

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Tags:  Construction,  Pan Borneo Highway,  LRT Line 3,  Malaysia equities