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Thursday, January 14, 2010

BT Picks Sarawakian Flavour >>> 6238 HOCK SENG LEE BHD

Hock Seng Lee Berhad (HSL) is a marine engineering, civil engineering and construction company. Hock Seng Lee Berhad operates through two business segments. The construction segment is engaged in marine and civil engineering works and construction. The property development segment is engaged in the development of residential and commercial properties.
Hock Seng Lee Berhad undertakes dredging, land reclamation and earthworks, road and bridge construction, coastal protection works, and other infrastructure and building works.

Its wholly owned subsidiary, Hock Seng Lee Construction Sendirian Berhad (HSLC), is involved in property development and building construction.
This is a fundamentally & technically sound company. BT recommend a BUY ON DIP with profit targets as specified in chart commentaries

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