After briefly retracing from the RM0.64 peak, NCT has found solid support around RM0.60, where buying interest re-emerged on lighter volume, a constructive sign that profit-taking was absorbed efficiently without heavy distribution. The rebound in the latest few sessions has been accompanied by renewed volume uptick, suggesting accumulation is resuming. Momentum oscillators, particularly the lower-panel histogram, show that bullish strength is consolidating at a higher base, aligning with the price’s attempt to form a higher low setup.

NCT Alliance has hit a key milestone with Phase 2 of its NCT Smart Industrial Park (732.5 acres, GDV RM2.5 billion) and a RM1.0 billion Sukuk Wakalah launch. Phase 2 aims to attract high-tech, logistics, and advanced manufacturing tenants, supporting Malaysia’s Industry 4.0 and ESG goals, with completion targeted in 2029. The Sukuk strengthens financial flexibility and ensures capital for growth. With government support and rising industrial demand, NCT is well-positioned to drive Selangor’s industrial and logistics growth.

NCT’s pivot into smart industrial development and its proactive capital-market strategy strengthen earnings visibility and growth optionality. As NSIP scales, the group stands to gain from rising industrial land values and recurring income streams — offering investors exposure to Malaysia’s structural industrial upcycle.

NCT is working with several key partners to develop NSIP. TM is providing 5G connectivity, IoT infrastructure, AI-driven security, and smart building management systems. SLVEST is setting up solar-ready infrastructure to support renewable energy. Meanwhile, Supercode Technology is handling the installation of IoT-based safety and environmental monitoring systems

https://theedgemalaysia.com/content/advertise/setting-a-new-benchmark-for-managed-industrial-parks

I think one of the reasons behind the recent bullish sentiment is NCT’s expansion into Bukit Kayu Hitam through the RM1.1 billion NCT InnoSphere project, which strengthens its presence in the northern industrial corridor and taps into growing cross-border trade with Thailand.