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GOLD LI develops landed residential properties with in-house construction, plans to expand into high-rise projects starting in Muar by 2027, and reported RM7.84 million net profit on RM65.03 million revenue in FY2025.
Don't say bo jio because this Johor play IPO closing tomorrow is legit one of the last chances to catch. Just make sure you check the fundamentals properly before you decide whether to whack or stay steady.
Basically, these kind of developers usually don’t go for huge township projects covering hundreds of acres, but instead, they tend to stick to smaller developments in areas they’re familiar with. Because projects with fewer units that are easier to manage and complete, so margins will be higher too